The euro is weaker against the pound and dollar this morning, partly due to worries over the Eurozone economy, as more countries place restrictions on daily life due to rising cases of COVID-19.
Italy is the latest country to release new measures. Italian Prime Minister, Giuseppe Conte, declared that they “cannot waste time” following more than 10,000 new daily cases on Friday for the first time.
Several ECB officials will speak throughout the week this week. PMI data for Germany and the Euro Area will be released on Friday.
