After a week of recovery against the pound, the euro has dropped slightly this morning against sterling.

Against the dollar, the euro is weaker than it was this time last week, and has fallen by 0.02%.

No significant eurozone data today however lots of interesting manufacturing data will be released tomorrow. Both Germany and France will be releasing the S&P Global Manufacturing PMI Flash data. Markets are predicting eurozone manufacturing sectors will shrink. Germany is expected to shrink to 47.8, from 49.3 and France is also expected to contract to 48.3 from 49.5.

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