After four straight days of losses last week, GBP/EUR is advancing on Monday, trading +0.2% at €1.1148.
Vaccine optimism is overshadowing Brexit uncertainty amid reports that the Pfizer BioNTech vaccine could be approved in the UK by regulators in the coming days.
This news is overshadowing Brexit uncertainties as EU Chief negotiator Michel Barnier is in London for more talks, Differences remain.
The Euro is looking towards German inflation data which is expected to remain subdued in disinflation.
A speech by ECB President Christine Lagarde will also be in focus as the central bank is expected to ease monetary policy further in December.
Currencylive.com is a news site only and not a currency trading platform. Currencylive.com is a site operated by Wise US Inc ("We", "Us"), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of Wise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.
