{"id":106539,"date":"2020-11-12T07:30:08","date_gmt":"2020-11-12T07:30:08","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106539"},"modified":"2020-11-12T06:38:38","modified_gmt":"2020-11-12T06:38:38","slug":"104788-gbp-eur-pound-slips-but-holds-e1-12","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104788-gbp-eur-pound-slips-but-holds-e1-12\/","title":{"rendered":"GBP\/EUR: Pound Slips But Holds \u20ac1.12"},"content":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is edging lower trading -0.1% at \u20ac1.1213.<\/p>\n<p>The Pound trades under pressure as the UK tops 50,000 covid deaths, overshadowing any vaccine optimism.<\/p>\n<p>Today attention will shift to <a href=\"https:\/\/currencylive.com\/news\/104787-gbp-eur-pound-edges-lower-ahead-of-gdp-data\/\">UK GDP Q3 data<\/a>, which is expected to show 15.8% record rebound after the record 19.8% contraction in the second quarter.<\/p>\n<p>The Euro trades broadly lower as covid cases surge and Italy tightens lockdown restrictions as cases top 1 million.<\/p>\n<p>ECB President Christine Lagarde hinted towards exchange rate intervention, adding pressure to the common currency.<\/p>\n<p>German inflation and Eurozone industrial production data in focus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is edging lower trading -0.1% at \u20ac1.1213. The Pound trades under pressure as the UK tops 50,000 covid deaths, overshadowing any vaccine optimism. Today attention will shift to UK GDP Q3 data, which is expected to show 15.8% record rebound after the record 19.8% contraction in the second quarter. [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5970,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[],"class_list":{"0":"post-106539","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp"},"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 Slips But Holds \u20ac1.12 - 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\/104788-gbp-eur-pound-slips-but-holds-e1-12\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104788-gbp-eur-pound-slips-but-holds-e1-12\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104788-gbp-eur-pound-slips-but-holds-e1-12\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/EUR: Pound Slips But Holds \u20ac1.12\",\"datePublished\":\"2020-11-12T07:30:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104788-gbp-eur-pound-slips-but-holds-e1-12\\\/\"},\"wordCount\":100,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104788-gbp-eur-pound-slips-but-holds-e1-12\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/pounds-brexit.jpg\",\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104788-gbp-eur-pound-slips-but-holds-e1-12\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104788-gbp-eur-pound-slips-but-holds-e1-12\\\/\",\"name\":\"GBP\\\/EUR: Pound Slips But Holds \u20ac1.12 - 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