{"id":112310,"date":"2022-05-03T07:30:32","date_gmt":"2022-05-03T06:30:32","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112310"},"modified":"2022-05-03T05:33:51","modified_gmt":"2022-05-03T04:33:51","slug":"107063-gbp-eur-7-pair-rises-over-119","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107063-gbp-eur-7-pair-rises-over-119\/","title":{"rendered":"GBP\/EUR: Pair Rises Over \u20ac1.19"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is rising on Tuesday paring losses from the previous session.<\/p>\n

The pound fell yesterday in risk-off trade as concerns over rising inflation, a more hawkish Federal Reserve and ongoing uncertainty in Ukraine hit pound demand.<\/p>\n

It was a UK bank holiday yesterday so data was limited. Today UK manufacturing PMI is expected to hold steady at 55.3.<\/p>\n

The euro rose yesterday despite weak data. Retail sales in Germany unexpectedly fell -0.1% MoM in March after analysts expected a 0.3%rise in sales. The data suggest that higher prices are altering consumers’ habits.<\/p>\n

Today Eurozone PPI is expected to rise<\/a> to 36% a record high and could prompt a more hawkish ECB.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is rising on Tuesday paring losses from the previous session. The pound fell yesterday in risk-off trade as concerns over rising inflation, a more hawkish Federal Reserve and ongoing uncertainty in Ukraine hit pound demand. It was a UK bank holiday yesterday so data was limited. Today UK manufacturing […]<\/p>\n","protected":false},"author":163946598,"featured_media":5643,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":{"0":"post-112310","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-gbp","11":"tag-gbp-eur"},"acf":[],"yoast_head":"\nGBP\/EUR: Pair Rises Over \u20ac1.19 - 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\/107063-gbp-eur-7-pair-rises-over-119\/\" \/>\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\\\/107063-gbp-eur-7-pair-rises-over-119\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107063-gbp-eur-7-pair-rises-over-119\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Rises Over \u20ac1.19\",\"datePublished\":\"2022-05-03T06:30:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107063-gbp-eur-7-pair-rises-over-119\\\/\"},\"wordCount\":120,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107063-gbp-eur-7-pair-rises-over-119\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100662-gbp-eur-pound-declines-light-data.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\\\/107063-gbp-eur-7-pair-rises-over-119\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107063-gbp-eur-7-pair-rises-over-119\\\/\",\"name\":\"GBP\\\/EUR: Pair Rises Over \u20ac1.19 - 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