Sits at 1.3815, hardly changed from North American close Thursday around 1.3805.
Euro zone data today:
German CPI for February expected +0.5% m/m, +2.1% y/y. This data has taken on increased importance of late given that the ECB seems intent on early-ish monetary tightening. The stronger the data the more supportive it’ll be to the euro.
07:45 GMT: French CPI for January expected -0.7% m/m, +2.6% y/y
09:00 GMT: Euro zone M3 money supply 3months to January expected +2.0%, +2.1% y/y
European stockmarkets look set to open marginally firmer, FTSE, DAX and CAC 40 all up around 0.2%.
