The euro could strengthen should ECB president Mario Draghi stick tomorrow to indications that monetary policy could be tightened next year, just as the US central bank’s interest-rate path is thrown into doubt.

Exports of goods to the UK have increased despite the headwinds facing firms from the slump in the value of sterling, new figures suggest, but detailed figures reveal that goods typically made by Irish firms have not fared so well.

Speculators that are the most bearish on sterling in nearly 25 years may be vindicated by yesterday’s survey showing Brexit is probably hitting Britain harder than markets previously envisaged.

The euro’s modest upturn against the dollar since the start of the year will soon run out of steam, according to a Reuters poll of over 60 analysts whose euro currency forecasts were the lowest since September 2010.