The euro is weaker against the pound and the dollar this morning due to strength from sterling and the greenback.

Germany’s balance of trade figures was released earlier today, showing that the trade surplus widened to €16.3 billion in June 2021, from €15.4 billion in the same period last year, amid a continued recovery in global demand from the pandemic. Both imports and exports rose.

Economic sentiment figures will be released for Germany and the Eurozone tomorrow morning, followed by inflation rate figures for Germany on Wednesday and industrial production data for the Eurozone on Thursday.

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