Euro made some gains against the pound yesterday, but is still weaker after a figures this morning showed German and Italian unemployment to have hit 6%, with eurozone-wide unemployment expected at 8% later this morning.

Nonetheless, there was some slight cause for positivity as services, manufacturing and composite PMI figures revealed a slight easing in the speed of decline.

Concerns remain that the Brexit talks have reached an impasse, with many expecting any progress to be made when the leaders meet rather than in this round.

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