{"id":115532,"date":"2023-12-15T12:00:13","date_gmt":"2023-12-15T12:00:13","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115532"},"modified":"2024-01-02T08:27:42","modified_gmt":"2024-01-02T08:27:42","slug":"107861-gbp-eur-pair-rises-to-e1-1650","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107861-gbp-eur-pair-rises-to-e1-1650\/","title":{"rendered":"GBP\/EUR: Pair rises to \u20ac1.1650"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising towards \u20ac1.1650 and is on track for a weekly gain.<\/p>\n<p>The pound is rising after UK <a href=\"https:\/\/currencylive.com\/news\/gbp-eur-pound-rises-as-the-service-sector-expands\/\">services activity<\/a> grew at a faster pace in December.<\/p>\n<p>The services PMI rose to 52.7, up from 50.9 in November. The robust data supports the BoE\u2019s stance that rates need to remain high for longer.<\/p>\n<p>The euro is falling after eurozone services unexpectedly contracted in December, falling to 48.1 from 48.7. The manufacturing PMI remained weak at 44.2.<\/p>\n<p>The data raises concerns of a recession in the region and doubts over the ECB\u2019s ability to keep rates high for longer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising towards \u20ac1.1650 and is on track for a weekly gain. The pound is rising after UK services activity grew at a faster pace in December. The services PMI rose to 52.7, up from 50.9 in November. The robust data supports the BoE\u2019s stance that rates need to [&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-115532","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 rises to \u20ac1.1650 - 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\/107861-gbp-eur-pair-rises-to-e1-1650\/\" \/>\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\\\/107861-gbp-eur-pair-rises-to-e1-1650\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107861-gbp-eur-pair-rises-to-e1-1650\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises to \u20ac1.1650\",\"datePublished\":\"2023-12-15T12:00:13+00:00\",\"dateModified\":\"2024-01-02T08:27:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107861-gbp-eur-pair-rises-to-e1-1650\\\/\"},\"wordCount\":106,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107861-gbp-eur-pair-rises-to-e1-1650\\\/#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\\\/107861-gbp-eur-pair-rises-to-e1-1650\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107861-gbp-eur-pair-rises-to-e1-1650\\\/\",\"name\":\"GBP\\\/EUR: Pair rises to \u20ac1.1650 - 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