{"id":112617,"date":"2022-06-22T11:30:31","date_gmt":"2022-06-22T10:30:31","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112617"},"modified":"2022-06-22T11:27:00","modified_gmt":"2022-06-22T10:27:00","slug":"107141-gbp-eur-pair-falls-to-e1-1650","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107141-gbp-eur-pair-falls-to-e1-1650\/","title":{"rendered":"GBP\/EUR: Pair Falls To \u20ac1.1650"},"content":{"rendered":"

The Pound Euro (GBP\/EUR<\/a>) exchange rate is falling after small gains yesterday.<\/p>\n

The pound is trading lower despite a rise in CPI inflation<\/a> to 9.1% YoY in May, up from 9% in April. Core inflation rose a less than expected 5.9%, down from 6.2% in April.<\/p>\n

The data adds pressure to the BoE to continue hiking rates even as the UK appears to be heading towards a recession.<\/p>\n

The euro is rising today, as investors look ahead to eurozone consumer confidence data. Expectations are for morale to improve slightly even though inflation is at a record high.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Pound Euro (GBP\/EUR) exchange rate is falling after small gains yesterday. The pound is trading lower despite a rise in CPI inflation to 9.1% YoY in May, up from 9% in April. Core inflation rose a less than expected 5.9%, down from 6.2% in April. The data adds pressure to the BoE to continue […]<\/p>\n","protected":false},"author":163946598,"featured_media":5599,"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-112617","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\nGBP\/EUR: Pair Falls To \u20ac1.1650 - 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\/107141-gbp-eur-pair-falls-to-e1-1650\/\" \/>\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\\\/107141-gbp-eur-pair-falls-to-e1-1650\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107141-gbp-eur-pair-falls-to-e1-1650\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Falls To \u20ac1.1650\",\"datePublished\":\"2022-06-22T10:30:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107141-gbp-eur-pair-falls-to-e1-1650\\\/\"},\"wordCount\":99,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107141-gbp-eur-pair-falls-to-e1-1650\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100640-gbp-eur-uk-gdp-and-eu-cpi-in-focus.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\\\/107141-gbp-eur-pair-falls-to-e1-1650\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107141-gbp-eur-pair-falls-to-e1-1650\\\/\",\"name\":\"GBP\\\/EUR: Pair Falls To \u20ac1.1650 - 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