{"id":114014,"date":"2023-03-06T07:30:22","date_gmt":"2023-03-06T07:30:22","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114014"},"modified":"2023-03-06T06:09:53","modified_gmt":"2023-03-06T06:09:53","slug":"107461-gbp-eur-13-pair-falls-to-1-13","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107461-gbp-eur-13-pair-falls-to-1-13\/","title":{"rendered":"GBP\/EUR: Pair falls to \u20ac1.13"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling at the start of the week after a flat week last week.<\/p>\n<p>The euro found support last week from stickier-than-anticipated inflation and hawkish ECB comments which resulted in investors pricing in a 4% terminal rate from the ECB.<\/p>\n<p>Today<a href=\"https:\/\/currencylive.com\/news\/107460-gbp-eur-euro-looks-to-retail-sales-investor-confidence\/\"> eurozone retail sales<\/a> are expected to rebound to 1% MoM in February up from -2.7% in March. Eurozone investor sentiment is expected to slip slightly to -8.6 in March from -8.<\/p>\n<p>The pound was supported by an upward revision to business activity data and particularly the services PMI, which helped to ease recession fears.<\/p>\n<p>Mixed messages from the BoE limited gains in the pound.<\/p>\n<p>Today, UK construction PMI data is in focus and is expected to tick high to 48.5, from 48.4.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling at the start of the week after a flat week last week. The euro found support last week from stickier-than-anticipated inflation and hawkish ECB comments which resulted in investors pricing in a 4% terminal rate from the ECB. Today eurozone retail sales are expected to rebound to [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5408,"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-114014","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 falls to \u20ac1.13 - 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\/107461-gbp-eur-13-pair-falls-to-1-13\/\" \/>\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\\\/107461-gbp-eur-13-pair-falls-to-1-13\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107461-gbp-eur-13-pair-falls-to-1-13\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls to \u20ac1.13\",\"datePublished\":\"2023-03-06T07:30:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107461-gbp-eur-13-pair-falls-to-1-13\\\/\"},\"wordCount\":131,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107461-gbp-eur-13-pair-falls-to-1-13\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100928-gbp-eur-possible-brexit-extension.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\\\/107461-gbp-eur-13-pair-falls-to-1-13\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107461-gbp-eur-13-pair-falls-to-1-13\\\/\",\"name\":\"GBP\\\/EUR: Pair falls to \u20ac1.13 - 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