{"id":111214,"date":"2021-12-02T10:30:03","date_gmt":"2021-12-02T10:30:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=111214"},"modified":"2021-12-02T10:24:20","modified_gmt":"2021-12-02T10:24:20","slug":"105612-gbp-eur-pair-retakes-e1-1750","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105612-gbp-eur-pair-retakes-e1-1750\/","title":{"rendered":"GBP\/EUR: Pair Retakes \u20ac1.1750"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is heading higher for a second consecutive day, pushing above \u20ac1.1750.<\/p>\n

The Pound advanced in the previous session despite a downward revision to the manufacturing PMI to 58.1, down from 58.2 in the preliminary reading. This was still up from October\u2019s 57.8.<\/p>\n

The UK economic calendar is quiet today.<\/p>\n

The Euro traded lower yesterday after German retail sales fell sharply lower. Retail sales dropped -2.9% YoY in October as surging prices dented demand. Inflation in Germany hit 5.2% a 29 year high.<\/p>\n

Today Eurozone PPI data is in focus<\/a> and is expected to jump sharply higher, suggesting that consumer inflation won\u2019t start cooling yet.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is heading higher for a second consecutive day, pushing above \u20ac1.1750. The Pound advanced in the previous session despite a downward revision to the manufacturing PMI to 58.1, down from 58.2 in the preliminary reading. This was still up from October\u2019s 57.8. The UK economic calendar is quiet today. […]<\/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-111214","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 Retakes \u20ac1.1750 - 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\/105612-gbp-eur-pair-retakes-e1-1750\/\" \/>\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\\\/105612-gbp-eur-pair-retakes-e1-1750\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105612-gbp-eur-pair-retakes-e1-1750\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Retakes \u20ac1.1750\",\"datePublished\":\"2021-12-02T10:30:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105612-gbp-eur-pair-retakes-e1-1750\\\/\"},\"wordCount\":111,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105612-gbp-eur-pair-retakes-e1-1750\\\/#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\\\/105612-gbp-eur-pair-retakes-e1-1750\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105612-gbp-eur-pair-retakes-e1-1750\\\/\",\"name\":\"GBP\\\/EUR: Pair Retakes \u20ac1.1750 - 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