The euro is weaker against the dollar and the pound this morning, mainly due to strength from both sterling and the greenback.
Inflation figures for Germany came in this morning, with the figures in-line with expectations. Year-on-year, inflation was at 5.3% and 0.5% month-on-month, rising from November’s figures. Energy prices, food and services were the biggest contributors to the rise.
Tomorrow, inflation figures for the eurozone will be released and are expected to show a rise year-on-year.
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