{"id":114402,"date":"2023-05-11T10:40:04","date_gmt":"2023-05-11T09:40:04","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114402"},"modified":"2023-05-11T10:36:22","modified_gmt":"2023-05-11T09:36:22","slug":"107559-gbp-eur-pound-rises-above-e1-15","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107559-gbp-eur-pound-rises-above-e1-15\/","title":{"rendered":"GBP\/EUR: Pound rises above \u20ac1.15"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising, recouping losses from yesterday.<\/p>\n<p>The pound is hovering around a 5-month high ahead of the <a href=\"https:\/\/currencylive.com\/news\/107558-gbp-eur-pound-rises-ahead-of-the-boe-rate-decision\/\">BoE interest rate decision<\/a>. The central bank is expected to hike rates by 25 bps to 4.5% and could leave the door open for further rate hikes, given that inflation is still above 10%.<\/p>\n<p>The euro is falling despite a hawkish sounding ECB. ECB President Christine Lagarde reiterated that the central bank still had more work to do to tame inflation.<\/p>\n<p>There is no high impacting eurozone data due. Instead attention will be on ECB policy maker Isabel Schnabel who is due to speak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising, recouping losses from yesterday. The pound is hovering around a 5-month high ahead of the BoE interest rate decision. The central bank is expected to hike rates by 25 bps to 4.5% and could leave the door open for further rate hikes, given that inflation is still [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4509,"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-114402","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: Pound rises above \u20ac1.15 - 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\/107559-gbp-eur-pound-rises-above-e1-15\/\" \/>\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\\\/107559-gbp-eur-pound-rises-above-e1-15\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107559-gbp-eur-pound-rises-above-e1-15\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound rises above \u20ac1.15\",\"datePublished\":\"2023-05-11T09:40:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107559-gbp-eur-pound-rises-above-e1-15\\\/\"},\"wordCount\":110,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107559-gbp-eur-pound-rises-above-e1-15\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100442-gbp-usd-boe-guv-mark-carney.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\\\/107559-gbp-eur-pound-rises-above-e1-15\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107559-gbp-eur-pound-rises-above-e1-15\\\/\",\"name\":\"GBP\\\/EUR: Pound rises above \u20ac1.15 - 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