The Pound Euro (GBP/EUR) exchange rate is trading marginally lower on Wednesday, extending losses for a second session. The pair trades at €1.0943.
The internal markets bill, which undermines parts of the EUR – UK Brexit divorce treaty has passed through the House of Commons with 300 vs 256 votes.
Attention will turn to UK GDP final reading for Q2, which is expected to confirm a -20.4% contraction.
The Euro received a boost after consumer confidence in the region was more upbeat than expected, although divergences between Germany and Spain were clear. Attention will now turn to German retail sales and unemployment.
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