The Day Ahead
For the EUR
It’s a relatively quiet day ahead on the economic data front. Finalized inflation figures for Spain are due out later today.
Barring a marked revision from prelim figures, however, the numbers should have a muted impact on the EUR.
Market risk sentiment, driven in part by economic data from the U.S and optimism towards the Eurozone economic recovery should continue to support near-term.
At the time of writing, the EUR was up by 0.02% to $1.2083.
For the Pound
It’s another particularly quiet day ahead on the economic calendar. There are also no material stats to provide the Pound with direction.
The continued reopening of the UK economy and market optimism towards a speedy economic recovery should continue to support the Pound.
At the time of writing, the Pound was down by 0.02% to $1.4049.
Across the Pond
It’s another relatively busy day ahead on the economic calendar. Retail sales, industrial…