The euro looked weak against both the pound and the dollar yesterday, as positive Brexit rhetoric failed to lift the single currency.
The ZEW Indicator of Economic Sentiment for Germany was relased yesterday, which fell 0.3 points from a month earlier to -22.8 in October 2019 and compared with market consensus of -27, as financial market experts continue to expect a further deterioration of the German economy.
Today, Balance of Trade figures and inflation data will be released for the eurozone. This will be followed with a speech from the EU’s chief economist, Philip Lane, who is likely to comment on how he thinks the economy is faring.
