The euro pound exchange rate was down at the start of the week to € 1.0955.
The pound is driven by developments in covid and Brexit.
Parts of the UK, including London, have been plunged into a Level 4 lockdown, while many countries in Europe are no longer receiving flights from the UK due to the discovery of a new mutant strain of covid which is 70% more infectious.
The euro has shown resilience despite less than impressive macro data and an increase in covid cases.
Attention will now turn to consumer confidence in the euro zone, which should remain at -17.6, at the same level in November.
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