The euro is weaker against the pound but managed to gain some ground against the dollar yesterday.

Industrial production figures will be released for the eurozone this morning, expected to show a decrease in November, possibly due to the increasing prevalence of Omicron. European Central Bank official, Andrea Enria, will also kickstart a series of speeches from ECB officials to end the week.

The markets will be listening closely to these speeches for any clues about the Bank’s approach to monetary policy and interest rates.

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