{"id":114427,"date":"2023-05-16T07:30:30","date_gmt":"2023-05-16T06:30:30","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114427"},"modified":"2023-05-21T19:36:52","modified_gmt":"2023-05-21T18:36:52","slug":"107567-gbp-eur-pound-falls-towards-e1-1475","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107567-gbp-eur-pound-falls-towards-e1-1475\/","title":{"rendered":"GBP\/EUR: Pound falls towards \u20ac1.1475"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling after strong gains yesterday.<\/p>\n<p>The pound is under pressure after <a href=\"https:\/\/currencylive.com\/news\/107566-gbp-eur-pound-looks-to-jobs-data\/\">UK labour market data<\/a> showed that unemployment unexpectedly rose to 3.9% in March. Wages grew at a slower than expected rate of 6.7%.<\/p>\n<p>The data comes after the BoE raised interest rates by 25bps last week and said that it expects inflation to cool rapidly from April.<\/p>\n<p>The euro is rising ahead of eurozone GDP which is expected to show that growth in the region was modest at 0.1%. German ZEW economic sentiment data is expected to show that morale fell again in May, after unexpectedly falling in April.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling after strong gains yesterday. The pound is under pressure after UK labour market data showed that unemployment unexpectedly rose to 3.9% in March. Wages grew at a slower than expected rate of 6.7%. The data comes after the BoE raised interest rates by 25bps last week and [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5970,"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-114427","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 falls towards \u20ac1.1475 - 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\/107567-gbp-eur-pound-falls-towards-e1-1475\/\" \/>\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\\\/107567-gbp-eur-pound-falls-towards-e1-1475\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107567-gbp-eur-pound-falls-towards-e1-1475\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pound falls towards \u20ac1.1475\",\"datePublished\":\"2023-05-16T06:30:30+00:00\",\"dateModified\":\"2023-05-21T18:36:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107567-gbp-eur-pound-falls-towards-e1-1475\\\/\"},\"wordCount\":110,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107567-gbp-eur-pound-falls-towards-e1-1475\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/pounds-brexit.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\\\/107567-gbp-eur-pound-falls-towards-e1-1475\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107567-gbp-eur-pound-falls-towards-e1-1475\\\/\",\"name\":\"GBP\\\/EUR: Pound falls towards \u20ac1.1475 - 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