{"id":115612,"date":"2024-01-11T19:45:49","date_gmt":"2024-01-11T19:45:49","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115612"},"modified":"2024-01-15T10:04:03","modified_gmt":"2024-01-15T10:04:03","slug":"108012-gbp-eur-pair-rises-towards-e1-1625","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/108012-gbp-eur-pair-rises-towards-e1-1625\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.1625"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is inching higher after 2 days of losses.<\/p>\n<p>The pound fell after independent forecasters projected that UK inflation could fall much more quickly than previously expected, possibly hitting 2% by April this year.<\/p>\n<p>Attention now turns to UK GDP data tomorrow, which could fuel recession fears, pulling GBP lower.<\/p>\n<p>The euro lost ground despite the ECB economic bulletin supporting the ECB\u2019s stance that rates need to stay high for longer to tame inflation.<\/p>\n<p>There is no high-impacting eurozone economic data due on Friday. ECB chief economist Phile Lane is due to speak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is inching higher after 2 days of losses. The pound fell after independent forecasters projected that UK inflation could fall much more quickly than previously expected, possibly hitting 2% by April this year. Attention now turns to UK GDP data tomorrow, which could fuel recession fears, pulling GBP lower. [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5224,"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-115612","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 towards \u20ac1.1625 - 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\/108012-gbp-eur-pair-rises-towards-e1-1625\/\" \/>\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\\\/108012-gbp-eur-pair-rises-towards-e1-1625\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108012-gbp-eur-pair-rises-towards-e1-1625\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1625\",\"datePublished\":\"2024-01-11T19:45:49+00:00\",\"dateModified\":\"2024-01-15T10:04:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108012-gbp-eur-pair-rises-towards-e1-1625\\\/\"},\"wordCount\":103,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108012-gbp-eur-pair-rises-towards-e1-1625\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100828-gbp-eur-brexit-vote-uk.jpg\",\"keywords\":[\"eur\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108012-gbp-eur-pair-rises-towards-e1-1625\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108012-gbp-eur-pair-rises-towards-e1-1625\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1625 - 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