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EUR makes a slight comeback

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 7, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    From the UK last week we saw a mixed bag of ups and down as events elsewhere had more of an effect on Sterling than anything domestically. What we did see was news that UK banks had passed their stress testing processes. On the other hand, there was some warning issued that if GBP stays too strong then there might be a knock-on for the inflation rate, while manufacturing and construction PMI both came in below forecast. Services PMI seemed the only data of note to come in above estimates last

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