The euro is weak against the pound this morning and stronger against the dollar.
The European Central Bank will hold their latest monetary policy meeting this afternoon and whilst monetary policy is expected to be left unchanged, the markets will be looking out for any comments from officials. The euro’s recent strength, economic the impact of lockdowns across Europe and the tapering of their quantitative easing programme are likely to be points of discussion.
Consumer confidence data for the Eurozone will be released this afternoon and is expected to have reduced slightly from the last reading.
