The euro again suffered mixed fortunes on Tuesday as it weakened against the US dollar as the terrorist attacks in Brussels hit the euro early in the day. However, this also affected sterling as the terrorist attacks increased the likelihood of a Brexit. This, combined with better-than-expected Purchasing Managers’ Index (PMI) figures for the Eurozone, caused the euro to push back to thirteen-month highs against the sterling.
Today there is no data or news expected from the markets. It is likely that euro movements will be dictated by the aftermath of yesterday’s events, or as a result of events elsewhere.
If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency-purchasing strategies.