Despite all the smiling faces in New Delhi this week as the trade deal was signed, the euro fell against most pairs this week. Maybe that was mainly due to their strength rather than the euro’s weakness, as many of the economic signs continue to point towards economic resurgence. That included, yesterday, the strongest economic confidence readings for the eurozone in two years. GDP data is coming in thick and fast this morning and on Monday we’ll get final results for the purchasing managers’ index (PMI).

GBP/EUR past year

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