{"id":115048,"date":"2023-09-18T09:31:02","date_gmt":"2023-09-18T08:31:02","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115048"},"modified":"2023-09-18T09:32:26","modified_gmt":"2023-09-18T08:32:26","slug":"107716-gbp-eur-falls-towards-e1-16","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/","title":{"rendered":"GBP\/EUR: Falls towards \u20ac1.16"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is heading towards \u20ac1.16, extending losses into a third week.<\/p>\n<p>The pound trades lower with <a href=\"https:\/\/currencylive.com\/news\/107715-gbp-eur-the-pair-holds-steady-at-the-start-of-the-boe-rate-decision-week\/\">the BoE in focus this week<\/a>. The central bank is likely to raise rates again, but this could be the last time.<\/p>\n<p>The ECB raised interest rates last week by 25 basis points to a record 4%. This could also be the last hike, although ECB President Lagarde said that rates could remain high for some time.<\/p>\n<p>ECB officials Panetta and Guindos are due to speak later today and could provide some more clues over the path of future interest rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is heading towards \u20ac1.16, extending losses into a third week. The pound trades lower with the BoE in focus this week. The central bank is likely to raise rates again, but this could be the last time. The ECB raised interest rates last week by 25 basis points to [&hellip;]<\/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-115048","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: Falls towards \u20ac1.16 - 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\/107716-gbp-eur-falls-towards-e1-16\/\" \/>\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\\\/107716-gbp-eur-falls-towards-e1-16\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107716-gbp-eur-falls-towards-e1-16\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Falls towards \u20ac1.16\",\"datePublished\":\"2023-09-18T08:31:02+00:00\",\"dateModified\":\"2023-09-18T08:32:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107716-gbp-eur-falls-towards-e1-16\\\/\"},\"wordCount\":104,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107716-gbp-eur-falls-towards-e1-16\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100704-gbp-usd-us-gdp-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\\\/107716-gbp-eur-falls-towards-e1-16\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107716-gbp-eur-falls-towards-e1-16\\\/\",\"name\":\"GBP\\\/EUR: Falls towards \u20ac1.16 - 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Originally from Bucharest, Ileana most commonly transfers EUR to RON and speaks Romanian, English, Italian, Spanish and German.\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/ileana-ionescu\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"GBP\/EUR: Falls towards \u20ac1.16 - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/","twitter_misc":{"Written by":"Ileana Ionescu","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/"},"author":{"name":"Ileana Ionescu","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"headline":"GBP\/EUR: Falls towards \u20ac1.16","datePublished":"2023-09-18T08:31:02+00:00","dateModified":"2023-09-18T08:32:26+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/"},"wordCount":104,"image":{"@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100704-gbp-usd-us-gdp-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\/107716-gbp-eur-falls-towards-e1-16\/","url":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/","name":"GBP\/EUR: Falls towards \u20ac1.16 - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100704-gbp-usd-us-gdp-data.jpg","datePublished":"2023-09-18T08:31:02+00:00","dateModified":"2023-09-18T08:32:26+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100704-gbp-usd-us-gdp-data.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100704-gbp-usd-us-gdp-data.jpg","width":725,"height":400,"caption":"GBP\/USD: Will US GDP Data Boost the Dollar vs. Pound?"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/107716-gbp-eur-falls-towards-e1-16\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"GBP\/EUR: Falls towards \u20ac1.16"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/3d5cb0a6a22d357fc0b9ad562f35e75b","name":"Ileana Ionescu","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6ed3a7a555c25b7a0a1f9e6aeb6380726362fd35ff3348679ee5989680828ff2?s=96&d=blank&r=g","caption":"Ileana Ionescu"},"description":"With a background in business journalism, Ileana works as a Junior Market Analyst for Currency Live and creates content that brings transparency to our audience. 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