{"id":114026,"date":"2023-03-07T07:30:33","date_gmt":"2023-03-07T07:30:33","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114026"},"modified":"2023-03-07T06:06:56","modified_gmt":"2023-03-07T06:06:56","slug":"107465-gbp-eur-14-pair-rises-towards-11275","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107465-gbp-eur-14-pair-rises-towards-11275\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.1275"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising, paring losses from the previous session.<\/p>\n<p>The euro pushed higher after more hawkish ECB commentary and despite weaker-than-forecast retail sales and investor morale.<\/p>\n<p>Retail sales rose 0.3% MoM, less than the 1% expected. Sentix investor sentiment dropped to -11.1 raising recession worries.<\/p>\n<p><a href=\"https:\/\/currencylive.com\/news\/gbp-eur-13-euro-awaits-german-factory-orders\/\">German factory orders<\/a> are due today and are expected to fall -1% in January after rising 3.2% in December.<\/p>\n<p>The pound fell yesterday despite constriction data showing that the sector returned to growth in February. The construction PMI jumped to 54.5 from 48.5 in January.<\/p>\n<p>There is no high impacting UK economic data due today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising, paring losses from the previous session. The euro pushed higher after more hawkish ECB commentary and despite weaker-than-forecast retail sales and investor morale. Retail sales rose 0.3% MoM, less than the 1% expected. Sentix investor sentiment dropped to -11.1 raising recession worries. German factory orders are due [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5581,"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-114026","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 rises towards \u20ac1.1275 - 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\/107465-gbp-eur-14-pair-rises-towards-11275\/\" \/>\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\\\/107465-gbp-eur-14-pair-rises-towards-11275\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107465-gbp-eur-14-pair-rises-towards-11275\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1275\",\"datePublished\":\"2023-03-07T07:30:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107465-gbp-eur-14-pair-rises-towards-11275\\\/\"},\"wordCount\":106,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107465-gbp-eur-14-pair-rises-towards-11275\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100630-gbp-eur-brexit-lead-battle.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\\\/107465-gbp-eur-14-pair-rises-towards-11275\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107465-gbp-eur-14-pair-rises-towards-11275\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1275 - 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