{"id":112355,"date":"2022-05-09T09:31:20","date_gmt":"2022-05-09T08:31:20","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112355"},"modified":"2022-05-09T09:33:44","modified_gmt":"2022-05-09T08:33:44","slug":"107070-gbp-eur-pair-edges-towards-e1-17","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107070-gbp-eur-pair-edges-towards-e1-17\/","title":{"rendered":"GBP\/EUR: Pair Edges Towards \u20ac1.17"},"content":{"rendered":"<p>The Pound Euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is edging higher <a href=\"https:\/\/currencylive.com\/news\/107069-gbp-eur-pair-trades-around-the-lowest-level-this-year\/\">after a weaker start<\/a>.<\/p>\n<p>The Pound trades broadly depressed despite the BoE raising the interest rate last week by 0.25%. The central bank warned of recession and forecast a contraction for 2023.<\/p>\n<p>There is no high impacting UK data due today.<\/p>\n<p>The euro was resilient last week amid growing expectations of a July rate hike.<\/p>\n<p>However, the euro is turning weaker at the start of the week amid concerns for the economic outlook as the EU are set to vote on phasing out Russian oil.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is edging higher after a weaker start. The Pound trades broadly depressed despite the BoE raising the interest rate last week by 0.25%. The central bank warned of recession and forecast a contraction for 2023. There is no high impacting UK data due today. The euro was resilient last [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5444,"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-112355","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: Pair Edges Towards \u20ac1.17 - 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\/107070-gbp-eur-pair-edges-towards-e1-17\/\" \/>\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\\\/107070-gbp-eur-pair-edges-towards-e1-17\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107070-gbp-eur-pair-edges-towards-e1-17\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Edges Towards \u20ac1.17\",\"datePublished\":\"2022-05-09T08:31:20+00:00\",\"dateModified\":\"2022-05-09T08:33:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107070-gbp-eur-pair-edges-towards-e1-17\\\/\"},\"wordCount\":98,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107070-gbp-eur-pair-edges-towards-e1-17\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100946-gbp-eur-pound-strengthens.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\\\/107070-gbp-eur-pair-edges-towards-e1-17\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107070-gbp-eur-pair-edges-towards-e1-17\\\/\",\"name\":\"GBP\\\/EUR: Pair Edges Towards \u20ac1.17 - 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