The euro is stronger against the dollar this morning after a volatile week last week.
GDP data for the Eurozone will be released on Tuesday, expected to show a 2% growth quarter-on-quarter, which would mean the Eurozone grew faster than the U.S. last quarter.
Inflation rate figures will also be released, expected to come in at 2.2%, which would meet the European Central Bank’s target of around 2%. This suggests that the ECB will stick to their plan to keep quantitative easing in place for the foreseeable future.
