The euro is slightly weaker against the pound this morning but still strong against the dollar.
It’s also a busy week for data in Europe, with employment and GDP figures due tomorrow, inflation rate figures on Wednesday and PMI data on Friday. PMI data for the service sector is expected to increase slightly, due to the easing of restrictions in some European countries.
The European Central Bank will also release the findings of their Financial Stability Review on Wednesday. Officials may discuss the strengthening of the euro against the dollar and the inflation outlook.
