The euro has weakened slightly against the dollar this morning.

Ifo Business Climate figures for Germany were lower than expected, indicating that Germany still has a ways to go to get over its business issues after the pandemic.

Tomorrow, Gfk Consumer Confidence figures for Germany will be released. German consumer confidence is expected to decrease as we head towards September, something that could weigh on the euro. There will also be a European Central Bank meeting; markets will be listening out for any comments about monetary policy.

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