The euro weakened sightly against GBP last week. Against USD, despite a dip midweek the single currency ended the week essentially unchanged.
The Eurozone and its major economies also have PMI releases on Wednesday, along with GfK consumer confidence.
Covid could also be a strong influence on EUR this week – can European countries keep a lid on cases?
Italy – which remains a success story in fighting the second wave – has been going to the polls in regional elections yesterday and today. The main question is whether the ruling centre-left coalition will lose out to right-wing parties – a destabilising factor with a potentially negative impact on the Euro.
