The Pound Euro (GBP/EUR) exchange rate is pushing higher for a second day.
The Pound rose yesterday as risk sentiment improved and after data showed that the British government borrowed less than initially feared in December at £16.8 billion.
Today there is no high impacting UK economic data. All eyes will be on Downing Street as the report into the party gate scandal is due to be released soon.
The Euro came under pressure yesterday despite data showing the business outlook in Germany is improving.
Today the Eurozone economic calendar is quiet. The USD could drive movement in the EUR, as the Fed gives its interest rate decision.