{"id":114452,"date":"2023-05-19T07:30:39","date_gmt":"2023-05-19T06:30:39","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114452"},"modified":"2023-05-21T19:33:57","modified_gmt":"2023-05-21T18:33:57","slug":"107571-gbp-eur-pair-falls-towards-1-15","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107571-gbp-eur-pair-falls-towards-1-15\/","title":{"rendered":"GBP\/EUR: Pair falls towards 1.15"},"content":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is heading lower after gains yesterday, but is still set to rise across the week.<\/p>\n

The euro is rising after German PPI data<\/a> cooled by less than expected to 4.1% YoY in April, down from 6.7% in March. Forecasts had been for 4%.<\/p>\n

ECB Christine Lagarde is due to speak later.<\/p>\n

The pound has been supported across the week by hawkish BoE expectations after BoE governor Andrew Bailey warned of persistently high inflation and said that the BoE was prepared to keep hiking rates for as far s necessary.<\/p>\n

UK inflation data is due next week and will be key to assessing the BoE’s next move.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is heading lower after gains yesterday, but is still set to rise across the week. The euro is rising after German PPI data cooled by less than expected to 4.1% YoY in April, down from 6.7% in March. Forecasts had been for 4%. ECB Christine Lagarde is due to […]<\/p>\n","protected":false},"author":163946598,"featured_media":5581,"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-114452","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 1.15 - 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\/107571-gbp-eur-pair-falls-towards-1-15\/\" \/>\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\\\/107571-gbp-eur-pair-falls-towards-1-15\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107571-gbp-eur-pair-falls-towards-1-15\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls towards 1.15\",\"datePublished\":\"2023-05-19T06:30:39+00:00\",\"dateModified\":\"2023-05-21T18:33:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107571-gbp-eur-pair-falls-towards-1-15\\\/\"},\"wordCount\":115,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107571-gbp-eur-pair-falls-towards-1-15\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100630-gbp-eur-brexit-lead-battle.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\\\/107571-gbp-eur-pair-falls-towards-1-15\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107571-gbp-eur-pair-falls-towards-1-15\\\/\",\"name\":\"GBP\\\/EUR: Pair falls towards 1.15 - 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