The euro is under pressure against the dollar due to news of the new variant of the COVID-19 virus, which has caused more than 30 EU countries to temporarily close their borders to the UK. However, this morning France has reopened their border to the UK.
French citizens, British nationals living in France and hauliers will now able to travel if they have a recent negative test.
Data released this morning shows that import prices in Germany fell 3.8 percent year-on-year in November, compared with market forecasts of a 4 percent decline and after a 3.9 percent drop in October.
