The euro remained largely unchanged against sterling over the course of the week but has weakened this morning following Putin’s escalation of the current war in Ukraine. The euro has also weakened against the dollar as investors now turn to the dollar as a ‘save-haven’ currency.
There are no major data releases from the eurozone today but tomorrow we will see data from the European Central Bank’s general council meeting, as well as the economic bulletin.
Eurozone data releases pick up again on Friday, with GDP from Spain and the Netherlands, as well as both France, Germany and eurozone PMI.
