The euro is slightly weaker against the pound but strong against the dollar following the release of the ECB’s latest meeting minutes yesterday.
The minutes revealed that officials were considering more stimulus to support the economy, including boosting their quantitative easing program. However, some members said that they were unhappy with more easing due to “side effects and diminishing returns in an environment of high uncertainty.”
A series of sentiment figures will be released for the Eurozone today, including economic and industrial sentiment, as well as consumer confidence data. These figures measure the level of confidence and optimism that manufacturers and consumers have in the current economic climate.
