{"id":109984,"date":"2021-05-26T07:30:03","date_gmt":"2021-05-26T06:30:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=109984"},"modified":"2021-05-26T06:32:43","modified_gmt":"2021-05-26T05:32:43","slug":"105687-gbp-eur-5-pair-steadies-around-1550","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105687-gbp-eur-5-pair-steadies-around-1550\/","title":{"rendered":"GBP\/EUR: Pair Steadies Around \u20ac1.1550"},"content":{"rendered":"<p>The Pound Euro (<a href=\"https:\/\/currencylive.com\/\">GBP\/EUR<\/a>) exchange rate is edging higher snapping a two day losing streak.<\/p>\n<p>The Euro rallied once again on the back of US Dollar weakness on Tuesday. The greenback traded at a 4.5 month low lifting the common currency. The Euro trades inversely to the US Dollar.<\/p>\n<p>Better than forecast <a href=\"https:\/\/currencylive.com\/news\/105686-gbp-eur-5-pound-ticks-higher-after-2-days-of-losses\/\">German IFO business sentiment<\/a> data also helped lift the Euro. IFO business climate index rose to 99.2 in May up from 96.8 in April as optimism surrounding the economic recovery rebounded.<\/p>\n<p>There is no high impacting Eurozone data today.<\/p>\n<p>The Pound traded lower versus the Euro but gained versus the US Dollar in the previous session.<\/p>\n<p>Data revealed that public sector net borrowing declined for the first time since the pandemic.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is edging higher snapping a two day losing streak. The Euro rallied once again on the back of US Dollar weakness on Tuesday. The greenback traded at a 4.5 month low lifting the common currency. The Euro trades inversely to the US Dollar. Better than forecast German IFO business [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5739,"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-109984","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: Pair Steadies Around \u20ac1.1550 - 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\/105687-gbp-eur-5-pair-steadies-around-1550\/\" \/>\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\\\/105687-gbp-eur-5-pair-steadies-around-1550\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105687-gbp-eur-5-pair-steadies-around-1550\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Steadies Around \u20ac1.1550\",\"datePublished\":\"2021-05-26T06:30:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105687-gbp-eur-5-pair-steadies-around-1550\\\/\"},\"wordCount\":126,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105687-gbp-eur-5-pair-steadies-around-1550\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/gbp-eur-UK-Inflation-Impress.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\\\/105687-gbp-eur-5-pair-steadies-around-1550\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105687-gbp-eur-5-pair-steadies-around-1550\\\/\",\"name\":\"GBP\\\/EUR: Pair Steadies Around \u20ac1.1550 - 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