Like other currencies, the euro had a strong day against the US dollar yesterday, strengthening by 0.75% by the end of the day. It weakened, however, against the pound and continues to bobble around close to an 11-month low.

French inflation was confirmed at 4.5% in June yesterday, a sharp drop from 5.1% in May.

Next week’s data is a little light, but there will be final results for inflation across the eurozone.

EUR/USD past year

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