The euro has strengthened against the dollar overnight but is weaker against the pound this morning.

The single also experienced a boost yesterday when head of the European Commission, Ursula von der Leyen, confirmed that the EU had reached its target of giving 70% of adults at least one dose of the Covid-19 vaccination, while 57% had received two doses. Despite this, cases are still rising in Europe.

Consumer confidence and sentiment figures for the Eurozone will be released later today.

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