{"id":107940,"date":"2021-01-21T21:33:08","date_gmt":"2021-01-21T21:33:08","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107940"},"modified":"2021-01-22T07:25:52","modified_gmt":"2021-01-22T07:25:52","slug":"105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\/","title":{"rendered":"EUR\/GBP declines to eight-month lows, ECB up next"},"content":{"rendered":"<ul>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/eur-to-gbp-exchange-rate-today\/\">EUR\/GBP<\/a> sold off again for the second day Thursday.<\/strong><\/li>\n<li><strong>Strong <a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-pound-sterling-live-exchange-rate\/\">pound<\/a> (GBP) demand exerted pressure on the pair<\/strong><\/li>\n<li><strong>The euro (EUR) benefitted from a weaker USD which could limit losses ahead of the ECB.<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A jump in demand for the British pound pulled EUR\/GBP to an eight-month lows, at 0.8830 in early European trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The pair declined for a second consecutive session on Thursday and could extend losses.. The Pound\u2019s outperformance versus the Euro could be attributed to the rapid vaccination campaign in the UK and a gradual decrease in COVID-19 cases in the UK.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile a weaker tone surrounding the US dollar underpinned the Euro, although it lacked follow through. A delay in the rollout of COVID-19 vaccine in Europe added pressure to the euro ahead of the European Central Bank meeting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The ECB is due to announce its monetary policy decision later this Thursday at 12:45 GMT. The central bank is widely expected to leave its monetary policy unchanged. Instead the focus will be on any comment over the high exchange rate of the euro.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0ECB President Christine Lagarde&#8217;s comments will be closely scrutinized for clues that the central bank may take measures to curb further appreciation of the euro. could fuel volatility and provide some trading opportunities.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/GBP sold off again for the second day Thursday. Strong pound (GBP) demand exerted pressure on the pair The euro (EUR) benefitted from a weaker USD which could limit losses ahead of the ECB. A jump in demand for the British pound pulled EUR\/GBP to an eight-month lows, at 0.8830 in early European trade. The [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5739,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394],"class_list":{"0":"post-107940","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-eur-gbp","11":"tag-gbp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EUR\/GBP declines to eight-month lows, ECB up next - 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\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/GBP declines to eight-month lows, ECB up next\",\"datePublished\":\"2021-01-21T21:33:08+00:00\",\"dateModified\":\"2021-01-22T07:25:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\\\/\"},\"wordCount\":221,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/gbp-eur-UK-Inflation-Impress.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105279-eur-gbp-declines-to-eight-month-lows-ecb-up-next\\\/\",\"name\":\"EUR\\\/GBP declines to eight-month lows, ECB up next - 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