{"id":111173,"date":"2021-11-26T07:00:41","date_gmt":"2021-11-26T07:00:41","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=111173"},"modified":"2021-11-26T07:21:28","modified_gmt":"2021-11-26T07:21:28","slug":"1056002-gbp-eur-pound-falls-to-9-day-low","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/1056002-gbp-eur-pound-falls-to-9-day-low\/","title":{"rendered":"GBP\/EUR: Pound Falls To 9-Day Low"},"content":{"rendered":"<ul>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-pound-sterling-live-exchange-rate\/\">Pound<\/a> (GBP) falls on Brexit, COVID concerns<\/strong><\/li>\n<li><strong>Flights banned for six African nations on COVID mutation fears<\/strong><\/li>\n<li><strong><a href=\"https:\/\/currencylive.com\/exchange-rate\/eur-euro-live-exchange-rate\/\">Euro<\/a> (EUR) rises after ECB minutes reveal options remain open<\/strong><\/li>\n<li><strong>ECB\u2019s Lagarde to speak<\/strong><\/li>\n<\/ul>\n<p>The Pound Euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is falling lower on Friday, extending losses from the previous session. The pair settled -0.12% lower on Thursday at \u20ac1.1854, approximately in the middle of the trading range. \u00a0At 05:45 UTC, GBP\/EUR trades -0.23% at \u20ac1.1854. The pair is set to fall 0.5% across the week after gaining 1.7% in the previous week.<\/p>\n<p>The Pound is lost ground in the previous session following a speech from Bank of England governor Andrew Bailey, who back paddled on inflation fears causing the market to ease back on expectations of a rate hike possibly in December.<\/p>\n<p>Today the Pound continues to fall lower amid Brexit concerns as Members of the French fisherman\u2019s association said that they plan to bloc the Channel Tunnel and the port of Calais over a UK fishing license quarrel.<\/p>\n<p>Today the EUR\u2019s Brexit officer Maros Sefcovic will be in London to continue talks over the Northern Ireland border protocol. Signs of progress could help lift sterling off a nine-day low.<\/p>\n<p>COVID concerns are also rising in the UK. Britain\u2019s COVID cases are up by 10% in the past week. 47,240 new daily cases were reported on Thursday. Additionally, the UK has ban flights from six African nations over a new variant which has been identified and which would make vaccines less effective.<\/p>\n<p>Meanwhile, the Euro is managing to grind higher, adding to yesterday\u2019s gain. The common currency advanced yesterday despite weaker than expected German GFK Consumer confidence and a downward revision for the Q3 GDP.<\/p>\n<p>Consumer morale in Germany tumbled to -1.6 in December, down 2.6 points. Inflationary fears in the Eurozone\u2019s largest economy are now being compounded by fresh COVID concerns.<\/p>\n<p>The minutes to the latest European Central Bank meeting showed that policy makers expect the central bank to increase its forecasts for inflation again in December. However, uncertainty remained over price growth in 2023 and 2024. The central bank appears to be keeping their options open.<\/p>\n<p>ECB President Christine Lagarde is due speak today and could offer further guidance.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pound (GBP) falls on Brexit, COVID concerns Flights banned for six African nations on COVID mutation fears Euro (EUR) rises after ECB minutes reveal options remain open ECB\u2019s Lagarde to speak The Pound Euro (GBP\/EUR) exchange rate is falling lower on Friday, extending losses from the previous session. The pair settled -0.12% lower on Thursday [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5320,"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-111173","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 Falls To 9-Day 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\/1056002-gbp-eur-pound-falls-to-9-day-low\/\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/1056002-gbp-eur-pound-falls-to-9-day-low\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/1056002-gbp-eur-pound-falls-to-9-day-low\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound Falls To 9-Day Low\",\"datePublished\":\"2021-11-26T07:00:41+00:00\",\"dateModified\":\"2021-11-26T07:21:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/1056002-gbp-eur-pound-falls-to-9-day-low\\\/\"},\"wordCount\":375,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/1056002-gbp-eur-pound-falls-to-9-day-low\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100878-gbp-eur-brexit-hopes-lift-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\\\/1056002-gbp-eur-pound-falls-to-9-day-low\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/1056002-gbp-eur-pound-falls-to-9-day-low\\\/\",\"name\":\"GBP\\\/EUR: Pound Falls To 9-Day Low - 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