GBP/EUR: Pound Eases As Parliament Prepares To Vote On Brexit

The Pound Euro exchange rate is climbing higher adding to Friday’s gains .

The number of covid first dose vaccinations administered in the UK reached 20 million over the weekend. The number of new daily cases & deaths continue to fall sharply boosting the prospects for the re-opening of the economy staring next week.

UK manufacturing PMI data will be in focus today ahead of the 2021 Spring Budget on Wednesday.

The Eurozone sees a fuller economic calendar this week. Upbeat data could offer support to the common currency.

Preliminary German inflation data is in focus today with annual CPI expected to tick higher to 1.2%, up from 1%.