The euro is up against the pound this morning, after manufacturing figures came in better than expected yesterday. Today, the markets will be looking forward to retail figures, released at 10:00am, which are expected to show an increase month on month.
The single currency has recovered slightly from its two-year low against the dollar, although the strength of the latter is still keeping it under downward pressure.
A potential bump in the road for the euro, however, could come later today. Bloomberg reports that Donald Trump will make a statement on European Union trade at 17:45 GMT. Any fears of a return to the rhetoric of trade wars could send the euro back down.
