The euro gained strongly against all the dollars yesterday, including by over 1% against USD and AUD. There was no success against sterling, however: the euro lost around 0.5%.

Some analysts are predicting a weakening in the single currency against USD in 2023, as the eurozone fights for energy supplies with Chinese industry freed from Covid lockdowns.

Next week starts with PMI data across the eurozone, plus retail sales from key economies on Monday.

EUR/GBP past year

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