The euro is stronger against the pound and slightly weaker against the dollar this morning ahead of the Federal Reserve’s meeting this evening.
Yesterday, manufacturing PMI figures were released for Germany and the Eurozone. Both readings were revised slightly lower in October. Supply bottlenecks and material shortages remained a major hindrance to manufacturers.
It’s a light day for data releases in the Eurozone. However, President of the European Central Bank, Christine Lagarde, will speak later today.
