EU flexes its muscles in Brussels to rally single currency.

Sterling hits seven week high versus the dollar as risk appetite returns.
Global financial markets recover on back of EU summit.
Dollar weakens as risk appetite roars back into global markets.
Strong rally in the euro see’s single unit hit seven week high against sterling.
German inflation eases, some speculation ECB may move rates next week.

For more information see tool bar above, click ‘Market Data’ then ‘Market Commentary’.

Categories: Market Commentary.