The euro is weaker this morning on news of more restrictions across Europe, as leaders announced yesterday that both France and Germany will enter national lockdowns. France’s lockdown will begin on Friday until December 2, whilst Germany’s four-week lockdown will begin on November 2.
The European Central Bank will announce their latest decision on interest rates today. Rates are expected to be kept the same. However, it will be interesting to hear what officials have to say about the current pandemic situation and whether this will have any bearing on the introduction of extra stimulus measures.
It’s thought that they are unlikely to introduce new measures today but will potentially pave the way for them to be announced in December.
