It’s been a disappointing week for the single currency, losing out to the majority of other currencies, most notably the Brazilian real (-2.25%) and sterling (almost -1%).
The US dollar’s strong performance has helped damage the euro’s prospects, but that could be reversed by industrial and economic data today.
This morning there has been some positive data on consumer confidence for both Germany and France.
Next week starts with some interesting and potentially market-moving data, including eurozone economic sentiment and consumer confidence on Monday, then French and Spanish inflation on Tuesday.
EUR/USD past year
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