{"id":112475,"date":"2022-05-30T07:30:51","date_gmt":"2022-05-30T06:30:51","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112475"},"modified":"2022-05-30T05:38:08","modified_gmt":"2022-05-30T04:38:08","slug":"gbp-eur-8","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/gbp-eur-8\/","title":{"rendered":"GBP\/EUR: Pound Rises Towards \u20ac1.1775"},"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 at the start of the week after losses last week.<\/p>\n<p>The pound fell last week after weaker services PMIs raised fears of a recession in the UK.<\/p>\n<p>The BoE have said that they are willing to keep hiking rates to tame surging inflation.<\/p>\n<p>There is no high impacting UK data due for release today. This week could be quiet given the extended Jubilee bank holiday weekend.<\/p>\n<p>The euro rose last week after the ECB turned more hawkish with several rate hikes now expected in July to September.<\/p>\n<p>Today <a href=\"https:\/\/currencylive.com\/news\/gbp-eur-7\/\">German inflation data<\/a> is expected to show a fresh record high of 8% YoY in May.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Euro (GBP\/EUR) exchange rate is edging higher at the start of the week after losses last week. The pound fell last week after weaker services PMIs raised fears of a recession in the UK. The BoE have said that they are willing to keep hiking rates to tame surging inflation. There is no [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5591,"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-112475","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 Rises Towards \u20ac1.1775 - 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\/gbp-eur-8\/\" \/>\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\\\/gbp-eur-8\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-8\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound Rises Towards \u20ac1.1775\",\"datePublished\":\"2022-05-30T06:30:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-8\\\/\"},\"wordCount\":118,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-8\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.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\\\/gbp-eur-8\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-8\\\/\",\"name\":\"GBP\\\/EUR: Pound Rises Towards \u20ac1.1775 - 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