The euro strengthened against the dollar yesterday morning but weakened again in the evening.
It’s a light day for data in the eurozone, but a series of PMI figures for both Germany and the eurozone will be released tomorrow.
Yesterday, figures showed that industrial production in the eurozone rose by 1.1% month-on-month in October, rebounding from two months of contraction.
The European Central Bank will hold its latest monetary policy meeting tomorrow. It’s thought that there won’t be any firm decisions on policy due to the uncertainty surrounding the Omicron variant.
