020 7898 0500The euro has had a disappointing week in comparison to the last few weeks as it struggled for support, with little data out from the Eurozone to boost its performance. The Consumer Price Index (CPI) from on Thursday came out as forecast, and the single currency remained very flat on the back of this. The only other piece of data released from the Eurozone was harmonised CPI figures from Germany, which came out as anticipated at 0.1%, slightly up on the previous month’s figure of -0.2%.
Friday is again likely to be a quiet day in terms of data but with the week drawing to a close there is likely to be a lot of movement late on this afternoon.
If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency purchasing strategies.
