The euro is weak against the pound this morning, but it is trying to gain some ground against the dollar.

The GfK Consumer Climate Indicator in Germany increased to -12.9 heading into March of 2021. Figures were better than market forecasts of -14.3, amid hopes the coronavirus lockdown could be eased soon.

Today there will be a series of data released for the Eurozone, including economic, industrial and services sentiment figures. All are expected to improve month-on-month in February.

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