The euro is still strong against the dollar this morning and slightly weaker against the pound.
Both Italy and France have started easing their lockdown restrictions with bars, restaurants, cinemas and concert halls partially reopening across Italy today. France is also set to ease its domestic travel restrictions next month. This easing has fuelled hopes that both countries will be able to accept tourists this summer.
It’s a busy week of data releases for Europe, with German business climate figures this morning and a series of sentiment figures on Thursday, as well as GDP and inflation data on Friday.
