The Pound Euro (GBP/EUR) exchange rate is edging higher snapping a 3 day losing streak. The pair trades +0.1% €1.0955.
Brexit headlines remain in focus. Both the EU & the UK are blaming each other for the lack of progress, each saying that the other must move first.
UK inflation data is expected to show a month on month rebound of +0.5% in September after falling -0.4% in the previous month after the government’s Eat Out To Help Out Scheme.
The Euro has remained resilient despite surging covid cases. This week has been quiet so far on the economic calendar, with ECB speeches in focus.