The euro is weaker against the pound and the dollar this morning ahead of a preliminary estimate of German inflation for June, which is due to be released later today.
Early data suggests that inflation may have slowed in June, which has caused the euro to weaken.
Before this, a series of sentiment figures will be released for the eurozone, measuring economic, services and industrial sentiment. Consumer confidence figures will also be released, providing a broad picture of how the eurozone economy fared in June.
ECB President, Christine Lagarde, will speak at the forum in Sintra later today, along with Andrew Bailey and Jerome Powell.
