The euro weakened almost across the board yesterday, with only a small rise against the Japanese yen to spare its blushes.
What will this morning’s slew of data do? With so much data coming out during the course of the morning, the markets may be adopting a wait and see approach.
In the meantime, the euro is currently at a 12-month high against the US dollar and 7% above the average rate of the past year.
After today’s excitement there will be no data releases on the May Day public holidays, but plenty more on Tuesday, including eurozone inflation.
EUR/USD past year
From To
