{"id":113894,"date":"2023-02-16T07:30:29","date_gmt":"2023-02-16T07:30:29","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=113894"},"modified":"2023-02-17T07:22:22","modified_gmt":"2023-02-17T07:22:22","slug":"107439-gbp-eur-pair-holds-steady-at-e1-1250","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107439-gbp-eur-pair-holds-steady-at-e1-1250\/","title":{"rendered":"GBP\/EUR: Pair holds steady at \u20ac1.1250"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is holing steady after losses in the previous session.<\/p>\n<p>The pound fell after <a href=\"https:\/\/currencylive.com\/news\/107438-gbp-eur-gbp-steadies-after-inflation-inspired-losses\/\">UK inflation was weaker than expected<\/a> at 10.1% YoY in January, down from 10.5% in December. Cooler inflation eases pressure on the BoE to raise rates.<\/p>\n<p>Attention will now be on BoE&#8217;s chief economist Huw Pill who is due to speak.<\/p>\n<p>The euro rose yesterday after\u00a0 ECB&#8217;s Christine Lagarde reiterated plans to raise interest rates by 50 basis points in the March meeting.<\/p>\n<p>There is no eurozone economic data due today. Instead several ECB policy makers are due to speak and could shed more light on the ECB plan for future rate hikes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is holing steady after losses in the previous session. The pound fell after UK inflation was weaker than expected at 10.1% YoY in January, down from 10.5% in December. Cooler inflation eases pressure on the BoE to raise rates. Attention will now be on BoE&#8217;s chief economist Huw Pill [&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-113894","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: Pair holds steady at \u20ac1.1250 - 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\/107439-gbp-eur-pair-holds-steady-at-e1-1250\/\" \/>\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\\\/107439-gbp-eur-pair-holds-steady-at-e1-1250\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107439-gbp-eur-pair-holds-steady-at-e1-1250\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair holds steady at \u20ac1.1250\",\"datePublished\":\"2023-02-16T07:30:29+00:00\",\"dateModified\":\"2023-02-17T07:22:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107439-gbp-eur-pair-holds-steady-at-e1-1250\\\/\"},\"wordCount\":116,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107439-gbp-eur-pair-holds-steady-at-e1-1250\\\/#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\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107439-gbp-eur-pair-holds-steady-at-e1-1250\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107439-gbp-eur-pair-holds-steady-at-e1-1250\\\/\",\"name\":\"GBP\\\/EUR: Pair holds steady at \u20ac1.1250 - 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