{"id":109872,"date":"2021-05-13T07:33:23","date_gmt":"2021-05-13T06:33:23","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=109872"},"modified":"2021-05-13T11:34:39","modified_gmt":"2021-05-13T10:34:39","slug":"105665-gbp-eur-5","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105665-gbp-eur-5\/","title":{"rendered":"GBP\/EUR: Steadies Around \u20ac1.1650, BoE’s Bailey To Speak"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is edging higher after a flat finish on Wednesday.<\/p>\n

The UK economy held up better than expected in the first quarter contracting by -1.5% QoQ, ahead of the -1.7% contraction forecast ad the pandemic & Brexit hit growth.<\/p>\n

The monthly GDP for March also surged 2.1%<\/a> higher as businesses prepared for lock down restrictions to ease. The data indicates that the UK economy is picking up momentum.<\/p>\n

The Euro had its fair share of good news yesterday too after the European Commission upwardly revised its growth outlook for the region to 4.3%.<\/p>\n

There is no high impacting data from either the UK or the Eurozone today so covid developments are likely to be eyed carefully.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is edging higher after a flat finish on Wednesday. The UK economy held up better than expected in the first quarter contracting by -1.5% QoQ, ahead of the -1.7% contraction forecast ad the pandemic & Brexit hit growth. The monthly GDP for March also surged 2.1% higher as businesses […]<\/p>\n","protected":false},"author":163946598,"featured_media":5348,"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-109872","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\nGBP\/EUR: Steadies Around \u20ac1.1650, BoE's Bailey To Speak - 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\/105665-gbp-eur-5\/\" \/>\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\\\/105665-gbp-eur-5\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105665-gbp-eur-5\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Steadies Around \u20ac1.1650, BoE’s Bailey To Speak\",\"datePublished\":\"2021-05-13T06:33:23+00:00\",\"dateModified\":\"2021-05-13T10:34:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105665-gbp-eur-5\\\/\"},\"wordCount\":128,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105665-gbp-eur-5\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100898-gbp-eur-brexit-weighs-on-pound.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\\\/105665-gbp-eur-5\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105665-gbp-eur-5\\\/\",\"name\":\"GBP\\\/EUR: Steadies Around \u20ac1.1650, BoE's Bailey To Speak - 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