{"id":117487,"date":"2024-03-19T10:22:40","date_gmt":"2024-03-19T10:22:40","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117487"},"modified":"2024-03-19T10:29:43","modified_gmt":"2024-03-19T10:29:43","slug":"108092-gbp-eur-pair-falls-further-from-e1-17","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/108092-gbp-eur-pair-falls-further-from-e1-17\/","title":{"rendered":"GBP\/EUR: Pair falls away from \u20ac1.17"},"content":{"rendered":"<p>The pound euro exchange rate (GBP\/EUR) is falling away from \u20ac1.17.<\/p>\n<p>The pound is drifting lower ahead of CPI data on Wednesday and the BoE rate decision on Thursday.<\/p>\n<p>CPI is expected to fall to 3.6%. Cooler inflation could fuel bets that the BoE will start to cut rates sooner.<\/p>\n<p>The BoE is expected to leave rates unchanged on Thursday.<\/p>\n<p>The euro is rising after stronger-than-expected German ZEW economic sentiment data, which jumped to 31.7 from 19.9, marking the 8th straight monthly increase.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/currencylive.com\/news\/108091-gbp-eur-euro-rises-ahead-of-wage-growth-data\/\">eurozone wage growth<\/a> eased in Q4 to 3.1% from 5.2%, which could encourage the ECB to cut rates sooner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro exchange rate (GBP\/EUR) is falling away from \u20ac1.17. The pound is drifting lower ahead of CPI data on Wednesday and the BoE rate decision on Thursday. CPI is expected to fall to 3.6%. Cooler inflation could fuel bets that the BoE will start to cut rates sooner. The BoE is expected to [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[],"class_list":["post-117487","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp"],"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 away from \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\/108092-gbp-eur-pair-falls-further-from-e1-17\/\" \/>\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\\\/108092-gbp-eur-pair-falls-further-from-e1-17\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108092-gbp-eur-pair-falls-further-from-e1-17\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls away from \u20ac1.17\",\"datePublished\":\"2024-03-19T10:22:40+00:00\",\"dateModified\":\"2024-03-19T10:29:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108092-gbp-eur-pair-falls-further-from-e1-17\\\/\"},\"wordCount\":104,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108092-gbp-eur-pair-falls-further-from-e1-17\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100898-gbp-eur-brexit-weighs-on-pound.jpg\",\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108092-gbp-eur-pair-falls-further-from-e1-17\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108092-gbp-eur-pair-falls-further-from-e1-17\\\/\",\"name\":\"GBP\\\/EUR: Pair falls away from \u20ac1.17 - 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