The Pound Euro (GBP/EUR) exchange rate is edging lower, extending losses from Monday.
The Pound edged lower in the previous session despite encouraging covid statistics, as covid vaccine concerns weigh.
All eyes are now on the employment data, with unemployment expected to tick higher to 5.2%. Although the claimant count and redundancies figures are likely to be more accurate.
The Euro found strength thanks to a weaker US Dollar as treasury yields eased back below 1.70%.
The covid vaccine programme is slow to get off the ground in Europe which is capping gains.
There is no high impacting EU data due today, leaving sentiment in the driving seat.
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