The euro is slightly weaker against the dollar this morning, after making some gains at the end of last week.

PMI figures will be released for the eurozone later today, which will give an indication of how the eurozone economy has performed in January so far. Germany’s PMI figures were published this morning, beating expectations in both the manufacturing and service industries. This could be due to the reopening of Germany’s economy following the prevalence of the Omicron variant.

On Friday, GDP figures will be released for Germany as well as economic sentiment figures for the eurozone.

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