The single currency had a mixed day, weakening against sterling but gaining by around 0.5% on the US dollar.
The big event of the week is the interest rate decision from the ECB on Thursday, and the single currency has strengthened in expectation of a hike in rates. However, much will be made of any data before that. S&P Global PMI has just come out at 42.6 for Germany and 44.2 for the eurozone. This is well down on expectations of 44.5 and 46.1 respectively.
Tomorrow we will hear eurozone GDP and employment.
EUR/GBP past year
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