GBP/EUR: Concerns Over Eurozone Economic Outlook Weigh On Euro

The pound euro (GBP/EUR) exchange rate is rising for a third day.

The pound is pushing higher after UK PM Rishi Sunak & EC President Ursula von der Leyen agree a new post Brexit trade deal for Northern Ireland. The deal now must be agreed by the DUP to break the political deadlock.

BoE speakers are also in focus today.

The euro slipped despite improving consumer confidence which rose to -19 a one year high amid a solid labour market and cooling inflation.

Spanish and French inflation data is due today ahead of eurozone inflation on Thursday.