The euro found some momentum against the dollar yesterday but weakened against the pound.

A series of PMI data will be released for the eurozone and Germany tomorrow, which will give an indication as to how both economies have performed in March. The markets will be watching this data closely.

The figures are expected to drop slightly across the board due to damage inflicted by the war in Ukraine. However, any better-than-expected readings could benefit the euro.

Later today, consumer confidence figures for the eurozone will be released, expected to show a decline in March.

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