{"id":114926,"date":"2023-08-25T10:00:52","date_gmt":"2023-08-25T09:00:52","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=114926"},"modified":"2023-08-25T09:37:35","modified_gmt":"2023-08-25T08:37:35","slug":"106786-gbp-eur-pair-rises-towards-e1-17","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/106786-gbp-eur-pair-rises-towards-e1-17\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.17"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) is rising after two days of declines and looks towards \u20ac1.17.<\/p>\n<p>The euro is falling as investors look ahead to a speech by <a href=\"https:\/\/currencylive.com\/news\/106785-gbp-eur-euro-falls-ahead-of-ecb-lagardes-speech\/\">ECB President Christine Lagarde<\/a> where she could give more clues over the direction of interest rates.<\/p>\n<p>German IFO business climate slipped to 85.7 in August from 87.4 in July. The data points to deteriorating business sentiment.<\/p>\n<p>The pound is rising after UK consumer confidence unexpectedly improved to -25 from -30 in July. This is ahead of the -29 forecast.<\/p>\n<p>Still recession fears are likely to limit the upside in the pound after weak retail sales and business activity data earlier in the month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) is rising after two days of declines and looks towards \u20ac1.17. The euro is falling as investors look ahead to a speech by ECB President Christine Lagarde where she could give more clues over the direction of interest rates. German IFO business climate slipped to 85.7 in August from 87.4 in [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5460,"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-114926","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 \u20ac1.17 - 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\/106786-gbp-eur-pair-rises-towards-e1-17\/\" \/>\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\\\/106786-gbp-eur-pair-rises-towards-e1-17\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106786-gbp-eur-pair-rises-towards-e1-17\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.17\",\"datePublished\":\"2023-08-25T09:00:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106786-gbp-eur-pair-rises-towards-e1-17\\\/\"},\"wordCount\":113,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106786-gbp-eur-pair-rises-towards-e1-17\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100954-gbp-eur-euro-slips-eurozone-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\\\/106786-gbp-eur-pair-rises-towards-e1-17\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/106786-gbp-eur-pair-rises-towards-e1-17\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.17 - 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