The common currency was seen weakening in the early Asian trading session following the Catalonia elections. After taking direct control of the region, the snap elections announced was expected to be a close call between the pro-Spain parties and the pro-independence parties.
The election results showed that the pro-independence parties winning with an absolute majority with three of the parties winning 70 seats from the 13-seat assembly and just enough to form a government.
Ahead of the holiday week economic data today will include the final GDP data from the UK. GDP is expected to remain steady at 0.4% for the third quarter. Canada will also be releasing its monthly GDP figures. Data from the U.S. includes the durable goods orders report and the personal income and spending data.
