{"id":115558,"date":"2023-12-20T12:30:21","date_gmt":"2023-12-20T12:30:21","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115558"},"modified":"2023-12-21T11:41:14","modified_gmt":"2023-12-21T11:41:14","slug":"107882-gbp-eur-pair-falls-to-e1-1550","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/107882-gbp-eur-pair-falls-to-e1-1550\/","title":{"rendered":"GBP\/EUR: Pair falls to \u20ac1.1550"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate has fallen to \u20ac1.1550, giving back yesterday&#8217;s gains.<\/p>\n<p>The pound is falling after UK CPI cooled to 3.9% YoY in November, down from 4.6% in October. Core inflation cooled to 5.1% from 5.7%.<\/p>\n<p>The data has fueled bets that the BoE will cut rates sooner and deeper in 2024 with five full 25 basis point cuts priced in.<\/p>\n<p>The euro is rising after German GFK consumer confidence rose by more than expected to -25.1 from -27.6.<\/p>\n<p>Morale improved as inflation cools and as interest rates are expected to be cut next year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate has fallen to \u20ac1.1550, giving back yesterday&#8217;s gains. The pound is falling after UK CPI cooled to 3.9% YoY in November, down from 4.6% in October. Core inflation cooled to 5.1% from 5.7%. The data has fueled bets that the BoE will cut rates sooner and deeper in 2024 [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5599,"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-115558","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 to \u20ac1.1550 - 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\/107882-gbp-eur-pair-falls-to-e1-1550\/\" \/>\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\\\/107882-gbp-eur-pair-falls-to-e1-1550\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107882-gbp-eur-pair-falls-to-e1-1550\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls to \u20ac1.1550\",\"datePublished\":\"2023-12-20T12:30:21+00:00\",\"dateModified\":\"2023-12-21T11:41:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107882-gbp-eur-pair-falls-to-e1-1550\\\/\"},\"wordCount\":97,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107882-gbp-eur-pair-falls-to-e1-1550\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100640-gbp-eur-uk-gdp-and-eu-cpi-in-focus.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\\\/107882-gbp-eur-pair-falls-to-e1-1550\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/107882-gbp-eur-pair-falls-to-e1-1550\\\/\",\"name\":\"GBP\\\/EUR: Pair falls to \u20ac1.1550 - 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