Following a choppy week against the pound, yesterday was another busy day for the euro following recent developments in the Ukraine war. Russia’s withdrawal from Kherson was met with celebrations on Friday, however, in a speech yesterday Ukrainian present Zelenskiy said a “long and difficult path” lies ahead.
Markets will be watching closely to see how the euro responds over the next coming days and weeks.
Germany’s latest economic sentiment index will be released at 10am this morning and is expected to rise gently to -54. Today’s prediction still points to a pessimistic economic outlook from investors over the next six months.
