{"id":115782,"date":"2024-02-22T10:30:19","date_gmt":"2024-02-22T10:30:19","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=115782"},"modified":"2024-02-22T10:07:23","modified_gmt":"2024-02-22T10:07:23","slug":"108054-gbp-eur-pair-rises-towards-e1-17-2","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/108054-gbp-eur-pair-rises-towards-e1-17-2\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.17"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate ticks higher after 6-days of losses.<\/p>\n<p>The pound is rising after the <a href=\"https:\/\/currencylive.com\/news\/108052-gbp-eur-pound-rises-after-strong-services-pmi\/\">services PMI remained strong<\/a> at 54.3 in February, defying expectations of a fall to 54.1.<\/p>\n<p>The composite PMI rose to 53.3, up from 52.9 in January, suggesting that the UK recession is already over.<\/p>\n<p>The euro is showing resilience after the services PMI rose to 50, up from 48.4 and ahead of 48.8. Manufacturing PMI fell by more than forecast at 46.1 from 46,6.<\/p>\n<p>Eurozone inflation was confirmed at 3.3% YoY in line with the preliminary reading.<\/p>\n<p>The minutes to the ECB meeting will be released shortly.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate ticks higher after 6-days of losses. The pound is rising after the services PMI remained strong at 54.3 in February, defying expectations of a fall to 54.1. The composite PMI rose to 53.3, up from 52.9 in January, suggesting that the UK recession is already over. The euro is [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5591,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,2649,1394,2410],"class_list":["post-115782","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-eur-gbp","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 \u20ac1.17 - 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\/108054-gbp-eur-pair-rises-towards-e1-17-2\/\" \/>\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\\\/108054-gbp-eur-pair-rises-towards-e1-17-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108054-gbp-eur-pair-rises-towards-e1-17-2\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.17\",\"datePublished\":\"2024-02-22T10:30:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108054-gbp-eur-pair-rises-towards-e1-17-2\\\/\"},\"wordCount\":101,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108054-gbp-eur-pair-rises-towards-e1-17-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"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\\\/108054-gbp-eur-pair-rises-towards-e1-17-2\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108054-gbp-eur-pair-rises-towards-e1-17-2\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.17 - 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