{"id":114294,"date":"2023-04-21T09:25:32","date_gmt":"2023-04-21T08:25:32","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114294"},"modified":"2023-04-24T06:10:16","modified_gmt":"2023-04-24T05:10:16","slug":"107530-gbp-eur-pair-falls-towards-e1-13","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107530-gbp-eur-pair-falls-towards-e1-13\/","title":{"rendered":"GBP\/EUR: Pair falls towards \u20ac1.13"},"content":{"rendered":"

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

UK retail sales fell by -0.9% MoM in March, by more than the -0.5% expected as inflation stays above 10% and interest rates high.<\/p>\n

UK PMI data is due<\/a> shortly and is expected to confirm service sector growth of 52.9.<\/p>\n

The euro is rising after business activity grew at a faster pace than expected in April. The composite PMI rose to 54.4 up from 53.7. The level 50 separates expansion from contraction.<\/p>\n

The data comes after ECB President Christine Lagarde said that the central bank still had work to do to tame inflation.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is falling for a second straight day. UK retail sales fell by -0.9% MoM in March, by more than the -0.5% expected as inflation stays above 10% and interest rates high. UK PMI data is due shortly and is expected to confirm service sector growth of 52.9. The euro […]<\/p>\n","protected":false},"author":163946598,"featured_media":5529,"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-114294","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\nGBP\/EUR: Pair falls towards \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\/107530-gbp-eur-pair-falls-towards-e1-13\/\" \/>\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\\\/107530-gbp-eur-pair-falls-towards-e1-13\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107530-gbp-eur-pair-falls-towards-e1-13\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls towards \u20ac1.13\",\"datePublished\":\"2023-04-21T08:25:32+00:00\",\"dateModified\":\"2023-04-24T05:10:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107530-gbp-eur-pair-falls-towards-e1-13\\\/\"},\"wordCount\":107,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107530-gbp-eur-pair-falls-towards-e1-13\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100604-gbp-eur-eurozone-data.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\\\/107530-gbp-eur-pair-falls-towards-e1-13\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107530-gbp-eur-pair-falls-towards-e1-13\\\/\",\"name\":\"GBP\\\/EUR: Pair falls towards \u20ac1.13 - 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