{"id":102119,"date":"2020-07-20T12:56:13","date_gmt":"2020-07-20T16:56:13","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=102119"},"modified":"2020-07-20T12:57:15","modified_gmt":"2020-07-20T16:57:15","slug":"103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/","title":{"rendered":"GBP\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results"},"content":{"rendered":"<p>The British pound is higher against the euro on Monday.<\/p>\n<ul>\n<li><strong>EU Recovery fund talks resume at 16:00 after 1hr delay<\/strong><\/li>\n<li><strong>Oxford \/ AstraZeneca vaccine trail shows \u2018good \u2018T-cell response\u2019<\/strong><\/li>\n<li><strong>Pfizer\/BionTech announce positive vaccine study results<\/strong><\/li>\n<li><strong>Euro gains vs. dollar: EUR\/USD reaches 4-month high<\/strong><\/li>\n<\/ul>\n<p>GBP\/EUR was up by 60 pips (+0.55%) to 1.1060 as of 3pm GMT. Last week the pound-euro exchange rate slid -1.55%.<\/p>\n<p>The currency pair slid below 1.095 in early trade but rallied over 100 pips thereafter to top 1.105. On Friday it dipped -0.1%<\/p>\n<h2>GBP: Sterling buoyed by UK vaccine and improved market sentiment<\/h2>\n<p>Sterling has started the new week with a better tone than the last, having ultimately lost over 1.5% Monday through Friday.<\/p>\n<p>The Oxford vaccine which is being tested in conjunction with UK\/Dutch pharmaceutical company AstraZeneca \u2018shows good antibody, T-cell response\u2019 according to an article in the Lancet, a scientific journal. It was a small trial of groups of 500 &amp; 1000 and the company is now doing late stage II and III trials in UK, Brazil and South Africa.<\/p>\n<p>Having a leading COVID-19 vaccine produced on home soil will be an advantage to any currency over the coming months, as investors monitor the pandemic and its economic affects.<\/p>\n<h2>EUR: Even split on loans \/ grants could satisfy \u2018Frugal four\u2019<\/h2>\n<p>Vaccine news was also good on the other side of the channel, helping both the euro and the German DAX stock index reach four-month highs. Pfizer in partnership with BionTech\u00a0announced positive vaccine study results for their German phase I and phase II studies.<\/p>\n<p>Otherwise, the biggest driver for the euro was progress towards an agreement for an \u2018EU Recovery fund\u2019. Having hit the skids over the weekend, there was apparently a late breakthrough in negotiations on Sunday, which led to talks resuming on Monday at 15:00, which was later delayed to \u00a016:00 GMT.<\/p>\n<p>Objection to the idea of grants or the joint issuance of debt seems to have washed aside inside the pandemic. A deal looks like it is in the offing, once EU leaders agree on the ratio of grants to loans and the overall size of the fund.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The British pound is higher against the euro on Monday. EU Recovery fund talks resume at 16:00 after 1hr delay Oxford \/ AstraZeneca vaccine trail shows \u2018good \u2018T-cell response\u2019 Pfizer\/BionTech announce positive vaccine study results Euro gains vs. dollar: EUR\/USD reaches 4-month high GBP\/EUR was up by 60 pips (+0.55%) to 1.1060 as of 3pm [&hellip;]<\/p>\n","protected":false},"author":163946608,"featured_media":5533,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[2841,1393,1854,2410,2984,1391],"class_list":{"0":"post-102119","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-astrazeneca","10":"tag-euro","11":"tag-exchange-rate","12":"tag-gbp-eur","13":"tag-oxford-vaccine","14":"tag-pound"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jasper Lawler\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/\"},\"author\":{\"name\":\"Jasper Lawler\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"headline\":\"GBP\\\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results\",\"datePublished\":\"2020-07-20T16:56:13+00:00\",\"dateModified\":\"2020-07-20T16:57:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/\"},\"wordCount\":357,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100606-gbp-eur-pound-perks-up-trade-talks.jpg\",\"keywords\":[\"astrazeneca\",\"euro\",\"exchange rate\",\"gbp\\\/eur\",\"oxford vaccine\",\"pound\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/\",\"name\":\"GBP\\\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100606-gbp-eur-pound-perks-up-trade-talks.jpg\",\"datePublished\":\"2020-07-20T16:56:13+00:00\",\"dateModified\":\"2020-07-20T16:57:15+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100606-gbp-eur-pound-perks-up-trade-talks.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100606-gbp-eur-pound-perks-up-trade-talks.jpg\",\"width\":1200,\"height\":675,\"caption\":\"GBP\\\/EUR: Pound Perks Up On Post Brexit US - UK Trade Deal Talk\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GBP\\\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/7cdd4328aaa82c6c13caee5961755200\",\"name\":\"Jasper Lawler\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g\",\"caption\":\"Jasper Lawler\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/jasper\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/","twitter_misc":{"Written by":"Jasper Lawler","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/"},"author":{"name":"Jasper Lawler","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"headline":"GBP\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results","datePublished":"2020-07-20T16:56:13+00:00","dateModified":"2020-07-20T16:57:15+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/"},"wordCount":357,"image":{"@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100606-gbp-eur-pound-perks-up-trade-talks.jpg","keywords":["astrazeneca","euro","exchange rate","gbp\/eur","oxford vaccine","pound"],"articleSection":["EUR","GBP"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/","url":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/","name":"GBP\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100606-gbp-eur-pound-perks-up-trade-talks.jpg","datePublished":"2020-07-20T16:56:13+00:00","dateModified":"2020-07-20T16:57:15+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100606-gbp-eur-pound-perks-up-trade-talks.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100606-gbp-eur-pound-perks-up-trade-talks.jpg","width":1200,"height":675,"caption":"GBP\/EUR: Pound Perks Up On Post Brexit US - UK Trade Deal Talk"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/103654-gbp-eur-pound-rallies-after-good-oxford-vaccine-trial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/EUR: Pound Rallies after Good Oxford Vaccine Trial Results"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/7cdd4328aaa82c6c13caee5961755200","name":"Jasper Lawler","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/033dd9202c108be953e1051ba62e5f6a16ff376ce29486d8b9a8cf9dcc8a2d39?s=96&d=blank&r=g","caption":"Jasper Lawler"},"url":"https:\/\/currencylive.com\/news\/author\/jasper\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100606-gbp-eur-pound-perks-up-trade-talks.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/102119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946608"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=102119"}],"version-history":[{"count":2,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/102119\/revisions"}],"predecessor-version":[{"id":102121,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/102119\/revisions\/102121"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/5533"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=102119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=102119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=102119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}