The euro is little changed against the pound and the dollar this morning.
The European Central Bank will hold its Non-Monetary Policy meeting today, which covers financial considerations such as the operation of the eurozone’s financial market infrastructure. ECB official, Frank Elderson, will also speak later today.
This morning, inflation rate figures for Germany were released. The annual inflation rate rose to 4.5% in October, the highest since August of 1993 and matching expectations. It increased 0.5% month on month.
