stronger economic data<\/a>, which comes after hawkish BoE commentary this week.<\/p>\nUK Nationwide house prices rose 0.2% MoM, a third straight monthly rise. UK manufacturing PMI was also upwardly revised to 47.2 in November.<\/p>\n
The euro has been under pressure after eurozone inflation cooled by more than expected to 2.4% YoY, down from 2.9%.<\/p>\n
Eurozone manufacturing PMI data rose to 44.2 up from 43.1. This is still well below the 50 level that separates expansion from contraction.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is heading higher for a seventh straight session. The pound is being boosted by stronger economic data, which comes after hawkish BoE commentary this week. UK Nationwide house prices rose 0.2% MoM, a third straight monthly rise. UK manufacturing PMI was also upwardly revised to 47.2 in November. The […]<\/p>\n","protected":false},"author":163946598,"featured_media":5348,"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-115468","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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