Christopher Nye
on February 17th, 2022 The euro is weaker against the dollar and the pound due to tensions at the Ukrainian border. The single currency’s movements could continue to be driven by news from Eastern Europe and if tensions escalate it is likely to weaken.
Industrial production figures were released yesterday, showing that the sector increased in December year-on-year and month-on-month, beating expectations.
European Central Bank official, Philip Lane, will speak later today.
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