The euro is weaker against the dollar this morning ahead of a week packed full of economic data releases and speeches from European Central Bank officials.

President of the ECB, Christine Lagarde, is due to speak later today, followed by a speech from official Luis de Guindos. Lagarde will also speak tomorrow, Wednesday and Friday. The markets will be listening out for any comments concerning inflation and monetary policy in the eurozone.

Employment and GDP figures will be released tomorrow followed by inflation figures on Wednesday. Inflation is expected to rise 4.1% year-on-year.

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