Rightmove data showing that house prices fell<\/a> -1.9% in December. Falling house prices can hurt consumer sentiment.<\/p>\nLooking ahead, UK unemployment data tomorrow and the BoE rate decision on Thursday could influence sterling. Stronger than forecast data and a hawkish-sounding BoE could boost the pound.<\/p>\n
The euro is under pressure ahead of the ECB rate decision on Thursday. Recent ECB policymakers have sounded dovish after inflation cooled to 2.4% YoY.<\/p>\n
The ECB is expected to leave rates unchanged, but the focus will be on any hints about rate cuts.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is rising after losses last week. The pound is pushing higher despite Rightmove data showing that house prices fell -1.9% in December. Falling house prices can hurt consumer sentiment. Looking ahead, UK unemployment data tomorrow and the BoE rate decision on Thursday could influence sterling. Stronger than forecast data […]<\/p>\n","protected":false},"author":163946598,"featured_media":5970,"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-115504","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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