European Commission’s Economic Growth forecast<\/a>s. The EC downwardly revised the growth outlook in September, another downward revision could pull the EUR lower.<\/p>\nThis week sees the release of Eurozone GDP, trade and inflation data.<\/p>\n
The pound is rising after losses last week and despite mixed data. UK house prices fell 1.7% MoM, the largest drop at this time of year in 5 years.<\/p>\n
UK public sector pay is set to rise 5%, according the CIPD, marking the largest jump since the CIPD records began in 2012. This is inflationary.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is heading higher after losses last week. The euro is under pressure ahead if the release of the European Commission’s Economic Growth forecasts. The EC downwardly revised the growth outlook in September, another downward revision could pull the EUR lower. This week sees the release of Eurozone GDP, trade […]<\/p>\n","protected":false},"author":163946598,"featured_media":4640,"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-115337","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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