The pound euro (GBP/EUR) exchange rate is rising for a second straight day.
The pound is rising after UK services PMI which was upwardly revised from the preliminary reading to 52.1 in June. This was down from 52.9 in May and marked the slowest pace of expansion this year.
All eyes are turning to UK elections tomorrow, where Labour is widely expected to win by a comfortable majority.
The euro is falling after eurozone services PMI was revised higher to 52.8 in June, up from the preliminary reading of 52.6, although this was down from May’s 53.2.
Wholesale inflation also fell by more than expected.
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