{"id":112345,"date":"2022-05-06T07:30:08","date_gmt":"2022-05-06T06:30:08","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112345"},"modified":"2022-05-06T05:49:16","modified_gmt":"2022-05-06T04:49:16","slug":"107068-gbp-eur-pound-falls-below-e1-1750","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107068-gbp-eur-pound-falls-below-e1-1750\/","title":{"rendered":"GBP\/EUR: Pound Falls Below \u20ac1.1750"},"content":{"rendered":"<p>The Pound Euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate tumbled to a 10 week low yesterday and is set to lose 1.5% this week.<\/p>\n<p>The pound came under pressure after the BoE raised interest rates by 0.25% but warned that the <a href=\"https:\/\/currencylive.com\/news\/107067-gbp-eur-pound-falls-to-a-4-5-month-low\/\">UK is heading for recession<\/a>. The prospect of high inflation and stalling growth hit the pound hard.<\/p>\n<p>There is no high impacting data due today.<\/p>\n<p>The euro rose despite German factory orders falling -4.7% MoM amid the fallout from the Russian war.<\/p>\n<p>ECB&#8217;s Holzmann said that the central bank would discuss raising interest rates at the June meeting, but would likely be agreed in the July meeting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate tumbled to a 10 week low yesterday and is set to lose 1.5% this week. The pound came under pressure after the BoE raised interest rates by 0.25% but warned that the UK is heading for recession. The prospect of high inflation and stalling growth hit the pound hard. [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5408,"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":["post-112345","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 Below \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\/107068-gbp-eur-pound-falls-below-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\\\/107068-gbp-eur-pound-falls-below-e1-1750\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107068-gbp-eur-pound-falls-below-e1-1750\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound Falls Below \u20ac1.1750\",\"datePublished\":\"2022-05-06T06:30:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107068-gbp-eur-pound-falls-below-e1-1750\\\/\"},\"wordCount\":108,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107068-gbp-eur-pound-falls-below-e1-1750\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100928-gbp-eur-possible-brexit-extension.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\\\/107068-gbp-eur-pound-falls-below-e1-1750\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107068-gbp-eur-pound-falls-below-e1-1750\\\/\",\"name\":\"GBP\\\/EUR: Pound Falls Below \u20ac1.1750 - 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