The euro is struggling against the dollar this morning ahead of PMI figures for Germany and the eurozone, which are set to be released later today.
The data will give an indication of how both economies performed in March. The figures are expected to show a slight decline across the board, largely due to pressure from the Ukraine conflict. Any surprise data could impact the euro.
Later today, European leaders and President Biden will attend a NATO summit about the Russia-Ukraine conflict. They are expected to discuss new and more severe sanctions on Russia.
