Some USD weakness has helped Euro sellers as funds from the USD are moved to Euro on the back of some not as good as expected US employment data. The picture for the US economy remains buoyant which should be supportive of the USD and means the dollar will be strong and the euro weak. This means that I still think anyone selling euros to buy either the pound or the USD should move on such dips as the longer term picture would have to favour sterling or the greenback since the UK and the US are both on course to raise interest rates.
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