{"id":111585,"date":"2022-02-07T07:30:31","date_gmt":"2022-02-07T07:30:31","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=111585"},"modified":"2022-02-07T05:53:31","modified_gmt":"2022-02-07T05:53:31","slug":"106099-gbp-eur-7-rises-back-over-118","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/106099-gbp-eur-7-rises-back-over-118\/","title":{"rendered":"GBP\/EUR: Rises Back Over \u20ac1.18"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is edging higher after falling to its lowest level this year<\/a>.<\/p>\n

The pound fell versus the euro last week despite the BoE raising interest rates to 0.5% in a vote that was more hawkish than expected.<\/p>\n

Political uncertainty could weigh on the pound as Prime Minister Boris Johnson struggles to cling to power after the party gate report.<\/p>\n

There is no high impacting UK data today. The Halifax house price index could shed some light on the health of the housing market.<\/p>\n

The euro outperformed last week after the ECB turned move hawkish and didn\u2019t push back on expectations of a rate hike in 2022.<\/p>\n

Investor confidence data is due and is expected to improve in February.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is edging higher after falling to its lowest level this year. The pound fell versus the euro last week despite the BoE raising interest rates to 0.5% in a vote that was more hawkish than expected. Political uncertainty could weigh on the pound as Prime Minister Boris Johnson struggles […]<\/p>\n","protected":false},"author":163946598,"featured_media":4968,"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-111585","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: Rises Back Over \u20ac1.18 - 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\/106099-gbp-eur-7-rises-back-over-118\/\" \/>\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\\\/106099-gbp-eur-7-rises-back-over-118\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106099-gbp-eur-7-rises-back-over-118\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Rises Back Over \u20ac1.18\",\"datePublished\":\"2022-02-07T07:30:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106099-gbp-eur-7-rises-back-over-118\\\/\"},\"wordCount\":128,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106099-gbp-eur-7-rises-back-over-118\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100693-gbp-eur-3-day-winning-streak.jpg\",\"keywords\":[\"eur\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106099-gbp-eur-7-rises-back-over-118\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106099-gbp-eur-7-rises-back-over-118\\\/\",\"name\":\"GBP\\\/EUR: Rises Back Over \u20ac1.18 - 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