{"id":117552,"date":"2024-04-04T10:45:55","date_gmt":"2024-04-04T09:45:55","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117552"},"modified":"2024-04-05T17:12:12","modified_gmt":"2024-04-05T16:12:12","slug":"gbp-eur-pair-falls-towards-e1-1650-2","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/gbp-eur-pair-falls-towards-e1-1650-2\/","title":{"rendered":"GBP\/EUR: Pair falls towards \u20ac1.1650"},"content":{"rendered":"<p>The pound euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is heading lower for a fifth day.<\/p>\n<p>The pound is falling after <a href=\"https:\/\/currencylive.com\/news\/109017-gbp-eur-pound-falls-as-service-sector-activity-grows-more-slowly\/\">UK services PMI was downwardly<\/a> revised to 53.1 in March from 53.8 in February, marking a 4-month low.<\/p>\n<p>Services businesses raised prices at the slowest pace in 6 months, which supports the view that services inflation is cooling.<\/p>\n<p>The euro is rising, as the services PMI was upwardly revised to 51.5 from 50.2 in February, suggesting that the sector is gaining momentum.<\/p>\n<p>Attention now turns to the ECB minutes to the March meeting which will be released shortly.<\/p>\n<p>The ECB left rates unchanged in the meeting but signaled that June could be the start of rate cuts.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is heading lower for a fifth day. The pound is falling after UK services PMI was downwardly revised to 53.1 in March from 53.8 in February, marking a 4-month low. Services businesses raised prices at the slowest pace in 6 months, which supports the view that services inflation is [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4992,"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":{"0":"post-117552","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-eur-gbp","11":"tag-gbp","12":"tag-gbp-eur"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair falls towards \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\/gbp-eur-pair-falls-towards-e1-1650-2\/\" \/>\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\\\/gbp-eur-pair-falls-towards-e1-1650-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-towards-e1-1650-2\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls towards \u20ac1.1650\",\"datePublished\":\"2024-04-04T09:45:55+00:00\",\"dateModified\":\"2024-04-05T16:12:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-towards-e1-1650-2\\\/\"},\"wordCount\":117,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-towards-e1-1650-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100706-gbp-usd-uk-ending-budget.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\\\/gbp-eur-pair-falls-towards-e1-1650-2\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-towards-e1-1650-2\\\/\",\"name\":\"GBP\\\/EUR: Pair falls towards \u20ac1.1650 - 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