{"id":114543,"date":"2023-06-07T10:09:42","date_gmt":"2023-06-07T09:09:42","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114543"},"modified":"2023-06-07T10:09:42","modified_gmt":"2023-06-07T09:09:42","slug":"107891-gbp-eur-pair-rises-towards-e1-1650","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107891-gbp-eur-pair-rises-towards-e1-1650\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.1650"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is heading higher for a second day.<\/p>\n<p>The euro remains out of favour as German industrial production rose 0.3% MoM in April, less than the 0.6% forecast.<\/p>\n<p>This comes after an unexpected fall in German factory orders in in April and a steep contraction in manufacturing PMI data.<\/p>\n<p>There is no more data due today. Investors will look ahead to ECB speakers for further clues on monetary policy.<\/p>\n<p>The pound is drifting higher despite UK house price data showing that house prices fell for the first time in May since 2012. High interest rates and weak confidence is hitting the sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is heading higher for a second day. The euro remains out of favour as German industrial production rose 0.3% MoM in April, less than the 0.6% forecast. This comes after an unexpected fall in German factory orders in in April and a steep contraction in manufacturing PMI data. There [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":4846,"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-114543","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 rises towards \u20ac1.1650 - 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\/107891-gbp-eur-pair-rises-towards-e1-1650\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\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\\\/107891-gbp-eur-pair-rises-towards-e1-1650\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107891-gbp-eur-pair-rises-towards-e1-1650\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1650\",\"datePublished\":\"2023-06-07T09:09:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107891-gbp-eur-pair-rises-towards-e1-1650\\\/\"},\"wordCount\":110,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107891-gbp-eur-pair-rises-towards-e1-1650\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100627-gbp-eur-weak-manufacturing-data.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\\\/107891-gbp-eur-pair-rises-towards-e1-1650\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107891-gbp-eur-pair-rises-towards-e1-1650\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1650 - 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