020 7898 0500The euro had another quiet day on Tuesday as it lost a small amount of ground against sterling and the US dollar. Very early yesterday, German industrial production data came out worse than anticipated, at -1.3% (the forecast figure was -0.2%). The euro was generally pretty flat apart from the early move and is awaiting some major news for the market to move, having only moved 2% against the majority of its major peers in May so far.
There is nothing significant out from the Eurozone on Wednesday, so any movement in euro markets is likely to be influenced by 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.
