Sterling ended the day around 30% stronger against the euro, but it was not a good day for either as their economies were both shown to be suffering from the recent interest rate rises according to PMI data.
Against other major currencies the pound lost 0.30% to 0.60% as manufacturing PMI dropped to 45 and services to 51.5, both well below market expectations.
Later today we will hear another measure of business optimism, this one from the CBI, but that will largely be it for high-level data for the week.
GBP/EUR past year
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