There was little movement yesterday for EUR/USD, while the single currency slipped by around 1% against GBP. Data releases were mainly negative, notably the ZEW economic sentiment survey for both Germany and the EU as a whole.
Rampant COVID cases in Europe took some of the shine off yesterday’s vaccine news.
It’s a quiet day for data in Europe, but ECB president Christine Lagarde will be speaking at around lunchtime today, marking a year since she took the job.
Tomorrow we have more data, including German inflation data and industrial data for Europe.
The biggest market movements are likely to come from Brexit however, as we get close to the 19 November deadline for a deal.
