The euro remains weak as Powell’s speech pushes bond yields higher, leading markets to continue to favour the greenback.
Month-on-month, retail sales in the eurozone fell by much more than anticipated but unemployment rate stayed the same.
In Germany, factory orders rose in January and outperformed market expectations. Later today, consumer confidence levels in Spain will be released.
Next week, the European Central Bank will decide on interest rates. It is expected that the rates will remain unchanged.
