The euro is weaker against the dollar and the pound this morning ahead of a series of speeches from European Central Bank officials this week.
ECB President, Christine Lagarde spoke at the International Monetary Fund event on Saturday. She reiterated her view that higher inflation is “largely transitory”, sticking to her ‘dovish’ stance.
Inflation rate data will also be released for the eurozone this week, expected to show a slight rise month-on-month and annually. Consumer confidence figures will be released on Thursday followed by PMI data on Friday.
