The pound euro (GBP/EUR) exchange rate is holding steady heading towards the European open, after losses yesterday.
The pound fell after the jobs data was mixed. Unemployment fell to an almost 50 year low but this lifted wages by 5.2%, adding pressure to the BoE to hike rates.
Today UK inflation data is expected to show another rise to 10.2% YoY, up from 10.1%.
The euro shrugged off weak German investor sentiment yesterday, which fell to -61.9 in September, from -55.3, amid fears over energy security.
Today Eurozone industrial production and a speech by ECB President Christine Lagarde will be in focus.