{"id":113031,"date":"2022-09-07T11:00:03","date_gmt":"2022-09-07T10:00:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=113031"},"modified":"2022-09-09T11:42:53","modified_gmt":"2022-09-09T10:42:53","slug":"107252-gbp-eur-pair-falls-below-e1-16","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107252-gbp-eur-pair-falls-below-e1-16\/","title":{"rendered":"GBP\/EUR: Pair falls below \u20ac1.16"},"content":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is falling lower on Wednesday, after two days of gains.<\/p>\n

The euro is in favour after an upward revision to eurozone Q2 GDP data,<\/a> which rose by 0.8% QoQ, up from 0.6%.<\/p>\n

Attention will now turn to tomorrow’s ECB rate announcement. The ECB could hike rates by 50 or 75 basis points.<\/p>\n

The pound is paring yesterday’s gains as investors wait for more details on the energy plan, which is expected to see energy prices capped at $2500.<\/p>\n

This could mean that peak inflation is passing sooner and that the BoE may stop hiking interest rates sooner.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is falling lower on Wednesday, after two days of gains. The euro is in favour after an upward revision to eurozone Q2 GDP data, which rose by 0.8% QoQ, up from 0.6%. Attention will now turn to tomorrow’s ECB rate announcement. The ECB could hike rates by 50 or […]<\/p>\n","protected":false},"author":163946598,"featured_media":5460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[],"class_list":["post-113031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp"],"acf":[],"yoast_head":"\nGBP\/EUR: Pair falls below \u20ac1.16 - 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\/107252-gbp-eur-pair-falls-below-e1-16\/\" \/>\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\\\/107252-gbp-eur-pair-falls-below-e1-16\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107252-gbp-eur-pair-falls-below-e1-16\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls below \u20ac1.16\",\"datePublished\":\"2022-09-07T10:00:03+00:00\",\"dateModified\":\"2022-09-09T10:42:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107252-gbp-eur-pair-falls-below-e1-16\\\/\"},\"wordCount\":104,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107252-gbp-eur-pair-falls-below-e1-16\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100954-gbp-eur-euro-slips-eurozone-data.jpg\",\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107252-gbp-eur-pair-falls-below-e1-16\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107252-gbp-eur-pair-falls-below-e1-16\\\/\",\"name\":\"GBP\\\/EUR: Pair falls below \u20ac1.16 - 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