The euro is still stronger against the pound and weaker against the dollar this morning. It strengthened yesterday morning after the European Central Bank announced that it would hold an emergency meeting to discuss current market conditions.
Following the meeting, officials said they would create an “anti-fragmentation” tool designed to limit the borrowing costs of its weakest economies.
Two ECB officials are due to speak this morning. Tomorrow, inflation data for May will be released for the eurozone.
