It was a positive day for the single currency yesterday, strengthening against almost all major rivals apart from sterling.
Four members of the ECB’s rate-setting panel were speaking yesterday, but without saying anything that particularly spooked or perked up the markets, and in the meantime the pound drifted upwards by around 0.20%.
The PMI data is coming thick and fast this morning, all final data sets and less influential than the ‘flash’ reading.
The big event of the week looks likely to be eurozone GDP on Thursday.
EUR/USD past year
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