PARIS, April 29 (Reuters) - European stocks inched higher on Friday, rallying for the seven straight session and posting their best monthly performance since December, but volumes were light due to a UK public holiday.
The FTSEurofirst 300 index of top European shares unofficially closed 0.2 percent higher at 1,156.42 points, while the euro zone's blue chip Euro STOXX 50 index unofficially ended up 0.1 percent at 3,008.43 points.
Despite the recent rally sparked by strong corporate results, volumes have been too low to confirm the return of a solid upward trend, chartists said, while the spectre of a strong euro hitting the region's exporters is creeping back into investors' minds.
"With an euro at $1.50, the euro zone will slip back into recession in the third quarter of this year. Investors will then realise the damage caused by a 'killer' euro," said Marc Touati, head of economic research at Paris-based Global Equities.
Dollar-sensitive EADS and STMicroelectronics dropped 1.0-1.1 percent. (Reporting by Blaise Robinson)