German consumer confidence<\/a> improved by more than expected in May to -25.7, up from -29.3, thanks to rising optimism over increased wages.<\/p>\nHawkish ECB officials have said that the central bank will consider a 25 and 50 bps hike in May.<\/p>\n
The pound comes under pressure amid a lack of fresh fundamental drivers.<\/p>\n
Yesterday data showed that the government spent \u00a313 billion less than expected, opening the door to tax cuts ahead of the next general election.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is ticking lower paring gains from yesterday. The euro is rising after German consumer confidence improved by more than expected in May to -25.7, up from -29.3, thanks to rising optimism over increased wages. Hawkish ECB officials have said that the central bank will consider a 25 and 50 […]<\/p>\n","protected":false},"author":163946598,"featured_media":5328,"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-114322","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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