The Pound Euro (GBP/EUR) exchange rate is edging higher after 3 straight days of declines.
The Pound is licking its wounds after falling in the previous session. Escalating tensions between the UK and the EU and the threat of trade tariffs sent sterling tumbling.
Rising covid cases continue to unnerve investors as Prime Minister Boris Johnson says it is too soon to say if the final stage of re-opening will happen on June 21st.
All eyes are on the ECB which is due to give its monetary policy announcement. The bank is not expected to change interest rates.
Data has been mixed and whilst economies in the region are reopening some restrictions remain.
Any hints that the ECB could start to consider tapering support could lift the Euro.