The euro is stronger against the pound but weaker against the dollar this morning, as it struggles with the after effects of the ECB’s meeting last week.
President Christine Lagarde said that while Q3 GDP data might have been better than expected, Q4 growth will be on the downside. Officials paved the way for additional stimulus in December as several countries across Europe increase restrictions.
There will also be a series of PMI data released for the Eurozone this week as well as retail sales on Thursday. We’ll also see speeches from several ECB officials in the wake of their meeting.
