The euro is still weaker against the dollar this morning, continuing the weakness seen following the European Central Bank’s meeting last week.
During the meeting, it was confirmed that it will end its bond-buying scheme and begin to hike interest rates in July. However, mixed messages from President Lagarde following the meeting raised questions over borrowing costs for Eurozone countries and caused the euro to weaken.
German inflation figures will be released tomorrow, along with economic sentiment data for Germany and the eurozone. On Friday, inflation figures for the whole of the eurozone will be released.
