{"id":115101,"date":"2023-09-27T09:00:17","date_gmt":"2023-09-27T08:00:17","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115101"},"modified":"2023-09-27T09:07:21","modified_gmt":"2023-09-27T08:07:21","slug":"107729-gbp-eur-holds-steady-below-e1-15","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107729-gbp-eur-holds-steady-below-e1-15\/","title":{"rendered":"GBP\/EUR holds steady below \u20ac1.15"},"content":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is holding steady just below \u20ac1.15.<\/p>\n

The euro is digesting weaker than expected German GFK consumer confidence<\/a> which dropped to -26.5 from a downwardly revised -25.6 as wage expectations ease and inflation remains high.<\/p>\n

The ECB hinted last week that it was at the end of its hiking cycle but rates could remain high for longer to tame inflation.<\/p>\n

The pound is struggling amid expectations that the BoE is close to the end of its hiking cycle after the BoE kept rate unchanged in its MPC meeting last week.<\/p>\n

There is no high impacting UK economic data due today so sentiment will drive the pound.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is holding steady just below \u20ac1.15. The euro is digesting weaker than expected German GFK consumer confidence which dropped to -26.5 from a downwardly revised -25.6 as wage expectations ease and inflation remains high. The ECB hinted last week that it was at the end of its hiking cycle […]<\/p>\n","protected":false},"author":163946598,"featured_media":5328,"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-115101","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\nGBP\/EUR holds steady below \u20ac1.15 - 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\/107729-gbp-eur-holds-steady-below-e1-15\/\" \/>\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\\\/107729-gbp-eur-holds-steady-below-e1-15\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107729-gbp-eur-holds-steady-below-e1-15\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR holds steady below \u20ac1.15\",\"datePublished\":\"2023-09-27T08:00:17+00:00\",\"dateModified\":\"2023-09-27T08:07:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107729-gbp-eur-holds-steady-below-e1-15\\\/\"},\"wordCount\":116,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107729-gbp-eur-holds-steady-below-e1-15\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100882-gbp-eur-pound-falls-brexit-news.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\\\/107729-gbp-eur-holds-steady-below-e1-15\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107729-gbp-eur-holds-steady-below-e1-15\\\/\",\"name\":\"GBP\\\/EUR holds steady below \u20ac1.15 - 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