The Pound Euro (GBP/EUR) exchange rate is edging higher on the final day of the week. The pair is set for a weekly gain of 0.1%
The Pound found support but failed to press ahead after upbeat UK labour market data and hawkish commentary from BoE’s Michael Saunders.
There is no high impacting UK data today.
The Euro was supported by a weaker US Dollar in the previous session. Today attention is turning to Eurozone CPI data which is expected to confirm a tick lower to 1.9% year on year in June, down from 2%