The euro is stronger against the pound this morning, after gaining 2% against the pound last week. The single currency also experienced its strongest week against the dollar since November and is still strong this morning, mostly due to dollar weakness and the hope that there will be an acceleration in Europe’s vaccine programme soon.
President of the European Central Bank, Christine Lagarde, will speak on Wednesday. Investors will be looking out for any comments on monetary policy, especially after it was revealed that the German Constitutional Court are looking to block the EU’s coronavirus recovery fund.
Retail sales data will be released this morning, followed by industrial production and inflation figures later this week.
