EUR/GBP treaded water (albeit at high levels) yesterday, while the euro slid by around 0.5% against a resurgent US dollar.

We’ll have to wait until the tail end of this week to get any more seriously juicy eurozone data. This morning will at least give us an insight into October’s retail sales, which markets predict to have nudged up slightly as consumers load up on stocking fillers and Christmas spreads.

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