The euro had the best day of any major currency except for the Norwegian krone yesterday, as the vaccine rollout began to pick up pace and overtake the UK in numbers vaccinated each day.
Even so, it only just stayed ahead of sterling while accelerating to a three-month high against the US dollar.
This morning we’ve seen German GDP slightly disappoint with a drop of 1.8% for the quarter – below the minus 1.7% expected – and 3.1% lower than last year.
At 9am we have Ifo Business Climate and on Thursday German GfK consumer confidence – a key reading.
