{"id":109899,"date":"2021-05-17T07:30:39","date_gmt":"2021-05-17T06:30:39","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=109899"},"modified":"2021-05-17T06:28:23","modified_gmt":"2021-05-17T05:28:23","slug":"105668-gbp-eur-5-2","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105668-gbp-eur-5-2\/","title":{"rendered":"GBP\/EUR: Pair Holds Above \u20ac1.16 On Re-opening Optimism"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is extending gains from the previous week.<\/p>\n

Today, the UK continues along its re-opening path<\/a> with inside hospitality restarting. Bars, pubs and restaurants will throw open their doors to inside trade for the first time in almost 6 months. This will help the UK economy to continue to bounce back from its almost 10% contraction last year.<\/p>\n

UK unemployment, CPIA and retail sales are all due later this week.<\/p>\n

The Euro is being supported by the accelerating vaccine drive in the region. The European Central Bank is starting to sound more upbeat regarding the outlook for the bloc.<\/p>\n

Eurozone GBP data on Tuesday and PMI data at the end of the week will be the main points of focus.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is extending gains from the previous week. Today, the UK continues along its re-opening path with inside hospitality restarting. Bars, pubs and restaurants will throw open their doors to inside trade for the first time in almost 6 months. This will help the UK economy to continue to bounce […]<\/p>\n","protected":false},"author":163946598,"featured_media":5408,"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-109899","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: Pair Holds Above \u20ac1.16 On Re-opening Optimism - 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\/105668-gbp-eur-5-2\/\" \/>\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\\\/105668-gbp-eur-5-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105668-gbp-eur-5-2\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Holds Above \u20ac1.16 On Re-opening Optimism\",\"datePublished\":\"2021-05-17T06:30:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105668-gbp-eur-5-2\\\/\"},\"wordCount\":132,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105668-gbp-eur-5-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100928-gbp-eur-possible-brexit-extension.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\\\/105668-gbp-eur-5-2\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105668-gbp-eur-5-2\\\/\",\"name\":\"GBP\\\/EUR: Pair Holds Above \u20ac1.16 On Re-opening Optimism - 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