{"id":114378,"date":"2023-05-08T08:30:00","date_gmt":"2023-05-08T07:30:00","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114378"},"modified":"2023-05-08T18:26:17","modified_gmt":"2023-05-08T17:26:17","slug":"107554-gbp-eur-pair-falls-from-e1-1450","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107554-gbp-eur-pair-falls-from-e1-1450\/","title":{"rendered":"GBP\/EUR: Pair falls from \u20ac1.1450"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling at the start of the week after rising to a monthly high last week.<\/p>\n<p>The euro is rising despite German industrial production falling -3.4% MoM in March, well below the -1% decline forecast and the 2.1% rise in February.<\/p>\n<p><a href=\"https:\/\/currencylive.com\/news\/107553-gbp-eur-euro-rises-ahead-of-eurozone-consumer-confidence\/\">Eurozone consumer confidence data<\/a> is due and is expected to fall to -9.2 in May from -8.7 in April. The data comes after retail sales fell sharply last week.<\/p>\n<p>The pound is rising ahead of Thursday&#8217;s BoE interest rate decision. The central bank is expected to raise interest rates by 25 basis points.<\/p>\n<p>The market expects the BoE to raise rates by 40 basis points before the end of the cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling at the start of the week after rising to a monthly high last week. The euro is rising despite German industrial production falling -3.4% MoM in March, well below the -1% decline forecast and the 2.1% rise in February. Eurozone consumer confidence data is due and is [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4818,"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-114378","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 from \u20ac1.1450 - 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\/107554-gbp-eur-pair-falls-from-e1-1450\/\" \/>\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\\\/107554-gbp-eur-pair-falls-from-e1-1450\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107554-gbp-eur-pair-falls-from-e1-1450\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls from \u20ac1.1450\",\"datePublished\":\"2023-05-08T07:30:00+00:00\",\"dateModified\":\"2023-05-08T17:26:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107554-gbp-eur-pair-falls-from-e1-1450\\\/\"},\"wordCount\":121,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107554-gbp-eur-pair-falls-from-e1-1450\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100613-gbp-eur-european-central-bank.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\\\/107554-gbp-eur-pair-falls-from-e1-1450\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107554-gbp-eur-pair-falls-from-e1-1450\\\/\",\"name\":\"GBP\\\/EUR: Pair falls from \u20ac1.1450 - 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