UK GDP data<\/a> confirmed that the UK economy grew at 0.1% QoQ in Q1 and business confidence rose to a 13 month high. The resilience raises the prospect of further rate hikes from the BoE<\/p>\nThe euro is heading lower ahead of eurozone inflation data which is expected to show that inflation cooled to 5.6% YoY, down from 6.1%.<\/p>\n
Inflation in Spain and France has eased notably. However inflation in Germany rose by more than expected to 6.4% YoY.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is heading higher for a second day. The pound is rising after UK GDP data confirmed that the UK economy grew at 0.1% QoQ in Q1 and business confidence rose to a 13 month high. The resilience raises the prospect of further rate hikes from the BoE The euro […]<\/p>\n","protected":false},"author":163946598,"featured_media":4988,"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-114680","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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