Home » Currency Note » Currency Note » Currency Note EUR » EUR: EU says nothing has changed

After last night’s Parliamentary vote on the Brexit deal, the European Council President, Donald Tusk, announced that the EU was not prepared to reopen the deal. “The withdrawal agreement is, and remains, the best and only way to ensure an orderly withdrawal of the United Kingdom from the European Union,” a spokesman for Tusk said. “The backstop is part of the withdrawal agreement, and the withdrawal agreement is not open for renegotiation.”

Like the UK, there were no major economic data releases from the eurozone yesterday, but today is much busier. The day begins with the German Gfk consumer confidence reading for February, which is expected to dip a little to 10.3 in January from 10.4 the previous month. Later this morning, we will see business and consumer confidence for January, as well as services, industrial and economic sentiment figures for this month. Finally, we will see the preliminary reading of the German inflation rate for January. The figure is expected to drop to 1.6% from 1.7% the previous month.

Find out how we can help you

Let us know a little more about your upcoming currency exchange needs. We aim to take the uncertainty away by providing guidance on which services suit your individual requirements. You can then rest, assured your money is not at the mercy of the currency markets.

Secure and efficient transfers

Secure, quick and efficient transfers. Authorised by the FCA.

Protect against risk

Avoid losing money and protect against currencies moving against you.

Dedicated trader

Dedicated currency trader working with you to get the best value for your money.

Refer a friend or business

Recommend our services to your friends, family or colleagues and earn great rewards.