The euro has not been so resilient over the last seven days. It was the weakest performer among the major currencies, falling by two cents against sterling and losing one and half US cents.
The story in October was similar to the previous month’s, at least as far as the euro, the pound and the US dollar were concerned.
In the last seven days the euro did not see a great deal of action. It lost two thirds of a cent to sterling and a third of a cent to the US dollar,