{"id":114186,"date":"2023-03-31T07:30:15","date_gmt":"2023-03-31T06:30:15","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114186"},"modified":"2023-04-12T06:06:19","modified_gmt":"2023-04-12T05:06:19","slug":"107505-gbp-eur-pair-rises-towards-1-1375","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107505-gbp-eur-pair-rises-towards-1-1375\/","title":{"rendered":"GBP\/EUR: Pair rises towards 1.1375"},"content":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is rising for a second straight day.<\/p>\n

The euro fell yesterday after Spanish inflation dropped to 3.3% YoY from 6% and German inflation cooled to 7.4% from 8.3%.<\/p>\n

Today eurozone inflation<\/a> is expected to cool to 7.1% YoY from 8.5%. However, core inflation is expected to rise to 5.7% from 5.6%, which could add pressure to the ECB to keep hiking rates.<\/p>\n

The pound has been supported by an upbeat market mood and expectations that the Boy could keep hiking as inflation remains in double digits.<\/p>\n

UK Q4 GDP data is due to be released and is expected to show that the economy stalled at 0% after contracting -0.2% in Q3.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is rising for a second straight day. The euro fell yesterday after Spanish inflation dropped to 3.3% YoY from 6% and German inflation cooled to 7.4% from 8.3%. Today eurozone inflation is expected to cool to 7.1% YoY from 8.5%. However, core inflation is expected to rise to 5.7% […]<\/p>\n","protected":false},"author":163946598,"featured_media":4964,"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":{"0":"post-114186","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-gbp","11":"tag-gbp-eur"},"acf":[],"yoast_head":"\nGBP\/EUR: Pair rises towards 1.1375 - 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\/107505-gbp-eur-pair-rises-towards-1-1375\/\" \/>\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\\\/107505-gbp-eur-pair-rises-towards-1-1375\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107505-gbp-eur-pair-rises-towards-1-1375\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards 1.1375\",\"datePublished\":\"2023-03-31T06:30:15+00:00\",\"dateModified\":\"2023-04-12T05:06:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107505-gbp-eur-pair-rises-towards-1-1375\\\/\"},\"wordCount\":114,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107505-gbp-eur-pair-rises-towards-1-1375\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100689-gbp-eur-eurozone-inflation.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\\\/107505-gbp-eur-pair-rises-towards-1-1375\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107505-gbp-eur-pair-rises-towards-1-1375\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards 1.1375 - 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