{"id":115520,"date":"2023-12-13T11:55:27","date_gmt":"2023-12-13T11:55:27","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115520"},"modified":"2023-12-15T11:56:20","modified_gmt":"2023-12-15T11:56:20","slug":"107860-gbp-eur-pair-falls-towards-e1-16","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107860-gbp-eur-pair-falls-towards-e1-16\/","title":{"rendered":"GBP\/EUR: Pair falls towards \u20ac1.16"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling for a second straight day.<\/p>\n<p>The pound is falling after UK GDP contracted by -0.3% MoM in October, worse than the 0% forecast and well down from the 0.2% growth in September. The data comes after wage growth slowed significantly yesterday.<\/p>\n<p>The BoE will announce its rate decision on Thursday and is expected to keep rates unchanged and could reiterate keeping rates higher for longer.<\/p>\n<p>The euro is rising despite eurozone industrial production falling -0.6% MoM in October, worse than the 0.3% forecast and after -1.1% fall in September.<\/p>\n<p>The ECB rate decision is tomorrow and the central bank is expected to leave rates on hold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling for a second straight day. The pound is falling after UK GDP contracted by -0.3% MoM in October, worse than the 0% forecast and well down from the 0.2% growth in September. The data comes after wage growth slowed significantly yesterday. The BoE will announce its rate [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5583,"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-115520","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: Pair 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\/107860-gbp-eur-pair-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\\\/107860-gbp-eur-pair-falls-towards-e1-16\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107860-gbp-eur-pair-falls-towards-e1-16\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls towards \u20ac1.16\",\"datePublished\":\"2023-12-13T11:55:27+00:00\",\"dateModified\":\"2023-12-15T11:56:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107860-gbp-eur-pair-falls-towards-e1-16\\\/\"},\"wordCount\":117,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107860-gbp-eur-pair-falls-towards-e1-16\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100631-gbp-usd-uk-politics-centre-stage.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\\\/107860-gbp-eur-pair-falls-towards-e1-16\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107860-gbp-eur-pair-falls-towards-e1-16\\\/\",\"name\":\"GBP\\\/EUR: Pair falls towards \u20ac1.16 - 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