GBP/EUR: Gloomy Brexit News Weigh On Pound vs. Euro

The Pound Euro (GBP/EUR) exchange rate is edging higher after two days of losses.

The Pound fell yesterday after weaker than expected GDP data. Economic growth was just 0.1% MoM in February.

Today UK jobs data is expected to show that unemployment dropped to 3.8% from 3.9% and wages jumped by 5.7%.

The Euro was boosted by Macron’s win in the first round of the French Presidential Elections. The second round will come at the end of the month.

Today German inflation and ZEW economic sentiment data will be in focus. Morale is expected to fall further in April