{"id":108755,"date":"2021-03-04T07:30:48","date_gmt":"2021-03-04T07:30:48","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=108755"},"modified":"2021-03-04T11:56:10","modified_gmt":"2021-03-04T11:56:10","slug":"gbp-eur-3","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/gbp-eur-3\/","title":{"rendered":"GBP\/EUR: Pound Eyes \u20ac1.16"},"content":{"rendered":"<p>The Pound Euro exchange rate is pushing higher for a second straight session, keeping \u20ac1.16 in target.<\/p>\n<p>The Pound was well supported by the <a href=\"https:\/\/currencylive.com\/news\/105446-gbp-eur-pound-rises-post-budget\/\">Chancellor\u2019s supportive spring budget<\/a>. The Chancellor delivered a big fiscal spend budget with warnings of tax rises to come.<\/p>\n<p>The UK economy is expected to return to pre-pandemic growth earlier than expected by mid next year. Unemployment is also expected to rise to 6.5%, lower than the 7.5% peak expected.<\/p>\n<p>The Euro came under pressure despite stronger than forecast PMI data. The Eurozone is likely to experience a double dip recession. However, optimism is building.<\/p>\n<p>Eurozone retail sales are in focus today with analysts expecting a -1.1% decline.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro exchange rate is pushing higher for a second straight session, keeping \u20ac1.16 in target. The Pound was well supported by the Chancellor\u2019s supportive spring budget. The Chancellor delivered a big fiscal spend budget with warnings of tax rises to come. The UK economy is expected to return to pre-pandemic growth earlier than [&hellip;]<\/p>\n","protected":false},"author":163946598,"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":["post-108755","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pound Eyes \u20ac1.16 - 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\/gbp-eur-3\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\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\\\/gbp-eur-3\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-3\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound Eyes \u20ac1.16\",\"datePublished\":\"2021-03-04T07:30:48+00:00\",\"dateModified\":\"2021-03-04T11:56:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-3\\\/\"},\"wordCount\":114,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-3\\\/#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\\\/gbp-eur-3\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-3\\\/\",\"name\":\"GBP\\\/EUR: Pound Eyes \u20ac1.16 - 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