The Pound Euro (GBP/EUR) exchange rate is edging lower after hitting its highest level in a week on Wednesday.
The Pound rose in the previous session in risk on trade as fears surrounding Omicron eased.
The Market mood improved even as cases topped 100,000 per day. However, data continues to suggest that Omicron is less severe than Delta.
The Euro fell versus the pound but gained versus the US Dollar inflation in the region showed no signs of slowing.
French PPI which measures inflation at wholesale levels rose 3.5% month on month in November.
German imports and Spanish GDP could attract attention.