The euro is weak against the pound but has started to gain some ground against the dollar this morning.
The single currency could be impacted by inflation figures for the eurozone, which are due to be released later this morning. Inflation is expected to have increased to 5% in December from 4.9% in November. Any surprise outcomes could cause the euro to respond.
Following this, there will be speeches from European Central Bank officials tomorrow, including President Christine Lagarde.
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