The Pound Euro (GBP/EUR) exchange rate continues to push higher on Friday. The pair trades +0.1% at €1.1164 ahead of the London open.
The Pound has pushed northwards this week even as Brexit talks appear to be on the brink of collapse.
UK business confidence experienced its biggest jump in 3 years this month, with optimism surrounding the economy and economic recovery also picking up strongly.
Attention will now turn to Bank of England’s Andrew Bailey speech at Jackson Hole for clarity on negative rates.
Today is a busy day for Euro traders with ECB’s Philip Lane also due to speak today, in addition to German and Eurozone consumer confidence.
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