After something of a wobble midday it ended as a positive day for the single currency. This morning EUR/GBP has been boosted by the UK’s GDP data to its best level for exactly one month.

Spanish inflation came in where expected at 2.4% yesterday, but the bigger event of yesterday was the ZEW Economic Sentiment Index which was worse than expected for the eurozone but an improvement for Germany (both were negative though).

After a quieter day today, tomorrow is the European Central Bank’s interest rate decision.

EUR/USD past year

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