The euro is weaker against the dollar this morning ahead of a busy week for Eurozone data and the European Central Bank. The single currency could weaken further if the ECB follow through with their suggestions that the Bank will act aggressively to counter an unwanted rise in bond yields.
Several ECB officials will speak this week, including President Christine Lagarde later today.
PMI data for February, inflation rate and retail sales figures will also be released. Manufacturing PMI, which is due to be released this morning, is expected to show strong growth for the sector in February.
