{"id":112937,"date":"2022-08-22T09:31:03","date_gmt":"2022-08-22T08:31:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=112937"},"modified":"2022-08-22T09:28:26","modified_gmt":"2022-08-22T08:28:26","slug":"107225-gbp-eur-pair-rises-towards-1-18","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107225-gbp-eur-pair-rises-towards-1-18\/","title":{"rendered":"GBP\/EUR: Pair Rises Towards 1.18"},"content":{"rendered":"<p>The pound euro exchange rate is inching higher after losses last week.<\/p>\n<p>The pound fell after inflation hit 10.1% YoY fueling the cost of living crisis and as consumer confidence plunged.<\/p>\n<p>Today the pound is higher versus the euro but lower versus the USD as strikes at the UK&#8217;s Felixstowe port could raise supply chain disruption and lift inflation higher.<\/p>\n<p>The euro is falling after <a href=\"https:\/\/currencylive.com\/news\/107224-gbp-eur-euro-falls-as-russia-announces-gas-supply-halt\/\">Russia announced the three-day halt of gas supplies<\/a> along the Nord Stream 1 pipeline, deepening the energy crisis in Europe.<\/p>\n<p>The move could lift record high inflation further.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro exchange rate is inching higher after losses last week. The pound fell after inflation hit 10.1% YoY fueling the cost of living crisis and as consumer confidence plunged. Today the pound is higher versus the euro but lower versus the USD as strikes at the UK&#8217;s Felixstowe port could raise supply chain [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5316,"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-112937","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 v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair Rises Towards 1.18 - 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\/107225-gbp-eur-pair-rises-towards-1-18\/\" \/>\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\\\/107225-gbp-eur-pair-rises-towards-1-18\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107225-gbp-eur-pair-rises-towards-1-18\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair Rises Towards 1.18\",\"datePublished\":\"2022-08-22T08:31:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107225-gbp-eur-pair-rises-towards-1-18\\\/\"},\"wordCount\":96,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107225-gbp-eur-pair-rises-towards-1-18\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100876-gbp-eur-work-on-brexit-to-be-done.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\\\/107225-gbp-eur-pair-rises-towards-1-18\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107225-gbp-eur-pair-rises-towards-1-18\\\/\",\"name\":\"GBP\\\/EUR: Pair Rises Towards 1.18 - 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