There was very little movement for the single currency overall yesterday, despite a strong showing around lunchtime. The euro rose against the pound and US dollar yesterday morning, but this was short lived as it then dropped back again following Liz Truss’s resignation.
This afternoon we’re due to hear the first reading (a “flash” reading) for Consumer Confidence figures for the eurozone. These are expected to fall again, following the lowest reading since the series began which we saw last month.
