{"id":112414,"date":"2022-05-19T07:30:17","date_gmt":"2022-05-19T06:30:17","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112414"},"modified":"2022-05-19T06:11:36","modified_gmt":"2022-05-19T05:11:36","slug":"107089-gbp-eur-pair-recovers-towards-e1-18","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107089-gbp-eur-pair-recovers-towards-e1-18\/","title":{"rendered":"GBP\/EUR: Pair Recovers Towards \u20ac1.18"},"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 recovering after steep losses yesterday.<\/p>\n<p>The pair tumbled after UK CPI inflation data came in slightly softer than expected at 9% YoY, up from 7% but short of the 9.1% forecast.<\/p>\n<p>Today <a href=\"https:\/\/currencylive.com\/news\/107088-gbp-eur-will-uk-retail-sales-pull-gbp-lower\/\">retail sales data will be in focus.<\/a> Are consumers reining in spending as prices surge? Expectations are for a fall of -0.2% MoM.<\/p>\n<p>Eurozone CPI was also downwardly revised on Thursday at 7.4%, still a record high and is likely to keep the ECB considering a July interest rate hike.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is recovering after steep losses yesterday. The pair tumbled after UK CPI inflation data came in slightly softer than expected at 9% YoY, up from 7% but short of the 9.1% forecast. Today retail sales data will be in focus. Are consumers reining in spending as prices surge? Expectations [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5649,"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-112414","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":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair Recovers Towards \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\/107089-gbp-eur-pair-recovers-towards-e1-18\/\" \/>\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\\\/107089-gbp-eur-pair-recovers-towards-e1-18\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107089-gbp-eur-pair-recovers-towards-e1-18\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Recovers Towards \u20ac1.18\",\"datePublished\":\"2022-05-19T06:30:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107089-gbp-eur-pair-recovers-towards-e1-18\\\/\"},\"wordCount\":91,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107089-gbp-eur-pair-recovers-towards-e1-18\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100664-gbp-eur-pound-steady-uk-jobs-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\\\/107089-gbp-eur-pair-recovers-towards-e1-18\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107089-gbp-eur-pair-recovers-towards-e1-18\\\/\",\"name\":\"GBP\\\/EUR: Pair Recovers Towards \u20ac1.18 - 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