The euro has gained back some ground against the dollar after positive data releases in the US caused the single currency to weaken yesterday.
Minutes from the European Central Bank’s latest meeting will be released later today. The ECB is not expected to change its monetary policy, but markets will be looking out for any dovish comments.
Spanish inflation rose 2.2% year-on-year, meeting market expectations. Next week, we will see quite a few data releases for the eurozone including balance of trade figures, employment change and GDP growth rate estimates for Q2.
