The Pound Euro (GBP/EUR) exchange rate is edging higher, snapping a three day losing streak and rising from a 6 week low.
The Pound has trended lower across the board this week without any clear fundamental driver. With the economy set to reopen and household card spending on the rise the outlook is upbeat.
Tension and violence in Northern Ireland over the post Brexit trade deal appears to be escalating which could be dampening demand for sterling.
The Euro was boosted by the weaker US Dollar in the previous session, after a dovish sounding Fed Chair Powell.
The minutes from the ECB March meeting were as dovish as expected.
Today German trade balance data and industrial production numbers will be in focus as well as any vaccine developments.
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