Euro is slightly weaker against the pound this morning, as concerns over who will be the future UK Prime Minister continue. Boris Johnson has raised the prospect of the UK not paying the so-called ‘divorce bill’ if there is no progress on talks, in a less-than-positive sign for the EU side of the negotiating table.
We won’t see any major economic releases until Thursday, when industrial production figures will be published. They are expected to decline compared to this moment the previous year. Otherwise, much of the impact on the single currency will come from external factors, which only makes the direction it will move in even harder to predict.
