The single currency fell almost across the board yesterday as conflict in the Ukraine began, as predicted. Safe haven currencies the US dollar and Japanese yen took most of the spoils, but it also weakened by around 0.3% against the pound.
Elsewhere, business news was good, with Markit PMI beating expectations.
At 10am today we’ll get February’s reading for Ifo Business Climate in Germany, plus Italian inflation which is anticipated to rise sharply. Tomorrow it’s the turn of GfK Consumer Confidence for Germany, plus a final reading for eurozone inflation.
