The euro is weaker against the pound and the dollar this morning, mainly due to sterling and greenback movements.
We could see some movement from the single currency later today following the release of the eurozone’s inflation figures, which are set to be released at 11am. The rate is expected to come in at 4.1% year-on-year.
Following this, President of the European Central Bank, Christine Lagarde, will speak. The markets will be listening closely for any comments relating to inflation and monetary policy.
