GBP/EUR: Pound Shakey vs. Euro Ahead of Brexit Bill Debate

The Pound Euro (GBP/EUR) exchange rate is edging higher on Thursday, trading +0.1% at €1.0990

Covid cases are also surging in the UK, with tighter lockdown restrictions expected in the north after the weekend.

Brexit uncertainty continues to drag on the Pound as Prime Minister Boris Johnson reiterates that a deal outline must be in place by the end of next week or the UK is pulling out of talks.

Soaring covid cases are also dragging on the Euro after France records over 18,000 new cases and Paris goes back into lockdown, a move which could see the French economy back in contraction territory.