ECB President Christine Lagarde<\/a>, who warned of a new phase of lingering inflation. She said that inflation was still too high and victory can’t be declared yet.<\/p>\nMore ECB speakers are due at the ECB central banking forum in Portugal.<\/p>\n
Meanwhile the pound is falling after UK shop inflation cooled for a second straight month. Food inflation slowed to 14.6% in June, which is still keeping a strain on UK households.<\/p>\n
There is no high impacting UK economic data\u00a0 due.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is heading lower on Tuesday for a second day. The euro is rising after hawkish comments from ECB President Christine Lagarde, who warned of a new phase of lingering inflation. She said that inflation was still too high and victory can’t be declared yet. More ECB speakers are due […]<\/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-114656","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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