{"id":108158,"date":"2021-02-02T18:02:05","date_gmt":"2021-02-02T18:02:05","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=108158"},"modified":"2021-02-02T18:02:05","modified_gmt":"2021-02-02T18:02:05","slug":"105339-eur-gbp-slides-to-a-nearly-9-month-low","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/","title":{"rendered":"EUR\/GBP slides to a nearly 9 month low"},"content":{"rendered":"<ul>\n<li><strong>EUR\/GBP experienced follow-through selling for a second consecutive session<\/strong><\/li>\n<li><strong>A delay COVID-19 vaccines rollout continues undermining the Euro.<\/strong><\/li>\n<li><strong>Diminishing odds of BoE rate cut buoys the pound pressuring the pair<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">EUR\/GBP slid to an almost nine-month low with bears now looking beyond 0.8800.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following a brief consolidation in early trade the pair came under pressure owing to a weaker euro. Euro weakness appears to stem from concerns over the slow rollout of COVID-19 vaccines in Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data wise, the prelim Eurozone GDP revealed that the economy contracted by 0.7% in Q4 better than the 0.9% contraction expected. Although this was a marked slowdown from the 12.5% growth in Q3.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Pound benefited from a weaker US dollar and diminishing odds of the BoE cutting rates in 2021.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The BoE monetary policy meeting on Thursday will remain in focus. Negative rates talks be eyed cautiously amid concerns over the economic fallout from the third nationwide UK lockdown.. This will likely\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A meaningful move below0.8800 could see more bearish traders jump in, potentially sending EUR\/GBP to the 0.8765-60 intermediate support before -0.8700 levels.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/GBP experienced follow-through selling for a second consecutive session A delay COVID-19 vaccines rollout continues undermining the Euro. Diminishing odds of BoE rate cut buoys the pound pressuring the pair EUR\/GBP slid to an almost nine-month low with bears now looking beyond 0.8800. Following a brief consolidation in early trade the pair came under pressure [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5649,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":{"0":"post-108158","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-gbp","11":"tag-gbp-eur"},"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 slides to a nearly 9 month low - 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\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/\" \/>\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\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"EUR\\\/GBP slides to a nearly 9 month low\",\"datePublished\":\"2021-02-02T18:02:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/\"},\"wordCount\":188,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg\",\"keywords\":[\"eur\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/\",\"name\":\"EUR\\\/GBP slides to a nearly 9 month low - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg\",\"datePublished\":\"2021-02-02T18:02:05+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg\",\"width\":1200,\"height\":675,\"caption\":\"GBP\\\/EUR: Pound Steady Ahead Of UK Jobs Data\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105339-eur-gbp-slides-to-a-nearly-9-month-low\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"EUR\\\/GBP slides to a nearly 9 month low\"}]},{\"@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\\\/8ef0fafb6c93f1204150bb907b42cfec\",\"name\":\"Fiona Cincotta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g\",\"caption\":\"Fiona Cincotta\"},\"description\":\"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/fiona-cincotta-bb4a4845\\\/\"],\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/fiona-cincotta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"EUR\/GBP slides to a nearly 9 month low - 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\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/","twitter_misc":{"Written by":"Fiona Cincotta","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/"},"author":{"name":"Fiona Cincotta","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"headline":"EUR\/GBP slides to a nearly 9 month low","datePublished":"2021-02-02T18:02:05+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/"},"wordCount":188,"image":{"@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg","keywords":["eur","gbp","gbp\/eur"],"articleSection":["EUR","GBP"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/","url":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/","name":"EUR\/GBP slides to a nearly 9 month low - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg","datePublished":"2021-02-02T18:02:05+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/8ef0fafb6c93f1204150bb907b42cfec"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg","width":1200,"height":675,"caption":"GBP\/EUR: Pound Steady Ahead Of UK Jobs Data"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/105339-eur-gbp-slides-to-a-nearly-9-month-low\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"EUR\/GBP slides to a nearly 9 month low"}]},{"@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\/8ef0fafb6c93f1204150bb907b42cfec","name":"Fiona Cincotta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/79afd1dde0d7ad291707268bbcdb9fdb41b2dd29f8088c8cfe9c67cd2a1de0e4?s=96&d=blank&r=g","caption":"Fiona Cincotta"},"description":"Editor - Senior Financial Market Analyst Through over a decade\u2019s experience analysing and reporting on global currency markets, Fiona has a gained a deep understanding of the fundamental drivers of currencies. She is regularly quoted by international news organisations including Financial Times, Reuters and Bloomberg. Fiona is a familiar face after years of appearances on BBC, Sky News and Fox Business News.","sameAs":["https:\/\/www.linkedin.com\/in\/fiona-cincotta-bb4a4845\/"],"url":"https:\/\/currencylive.com\/news\/author\/fiona-cincotta\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100664-gbp-eur-pound-steady-uk-jobs-data.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/108158","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\/163946597"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=108158"}],"version-history":[{"count":1,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/108158\/revisions"}],"predecessor-version":[{"id":108159,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/108158\/revisions\/108159"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/5649"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=108158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=108158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=108158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}