After strengthening against the dollar yesterday, the euro is slightly weaker this morning ahead of Eurozone economic data.
Employment figures and GDP are expected later this morning. GDP is expected to show that the economy expanded by 2% on quarter in the three months to June 2021, rebounding from two consecutive periods of contraction. If the figure misses or exceeds this expectation, the euro could react accordingly.
Tomorrow, inflation rate figures will be released for the Eurozone, expected to show an increase year-on-year.
