020 7898 0500The euro had a positive day on Wednesday as it gained against both the US dollar and sterling, thanks to preliminary consumer price index data for Germany coming out at 0.3% – compared to the expected figure of 0.1%.
Today, unemployment figures from Germany are expected to remain at last month’s figure of 6.2%. Any deviation on this will likely end up in more euro strength which could ensure another strong week for the single currency – particularly against sterling as the euro continues to push closer to fresh 15 month highs.
If you are looking to buy or sell euros, we suggest contacting your trader now for live rates, news and currency purchasing strategies.
