{"id":117559,"date":"2024-04-05T17:30:03","date_gmt":"2024-04-05T16:30:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117559"},"modified":"2024-04-05T17:14:12","modified_gmt":"2024-04-05T16:14:12","slug":"108918-gbp-eur-pair-falls-to-e1-1650","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/108918-gbp-eur-pair-falls-to-e1-1650\/","title":{"rendered":"GBP\/EUR: Pair falls to \u20ac1.1650"},"content":{"rendered":"

The pound euro (GBP\/EUR<\/a>) exchange rate is falling for a sixth straight day.<\/p>\n

The euro is rising despite retail sales falling<\/a> -0.5% Month over Month in February and a downward revision to January sales to 0%. A consumer-led recovery to the economy looks unlikely.<\/p>\n

German factory orders rose 0.2% MoM in February after falling -11% in January.<\/p>\n

The ECB rate decision is next week.<\/p>\n

The pound drifted lower across the week. Today, data showed that UK construction activity returned to growth, albeit weak growth, for the first time in seven months.<\/p>\n

UK house prices also fell for the first time in 6 months, according to Halifax data.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro (GBP\/EUR) exchange rate is falling for a sixth straight day. The euro is rising despite retail sales falling -0.5% Month over Month in February and a downward revision to January sales to 0%. A consumer-led recovery to the economy looks unlikely. German factory orders rose 0.2% MoM in February after falling -11% […]<\/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":[1395,2649,1394,2410],"class_list":["post-117559","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":"\nGBP\/EUR: Pair falls to \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\/108918-gbp-eur-pair-falls-to-e1-1650\/\" \/>\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\\\/108918-gbp-eur-pair-falls-to-e1-1650\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108918-gbp-eur-pair-falls-to-e1-1650\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls to \u20ac1.1650\",\"datePublished\":\"2024-04-05T16:30:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108918-gbp-eur-pair-falls-to-e1-1650\\\/\"},\"wordCount\":110,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108918-gbp-eur-pair-falls-to-e1-1650\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100898-gbp-eur-brexit-weighs-on-pound.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\\\/108918-gbp-eur-pair-falls-to-e1-1650\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/108918-gbp-eur-pair-falls-to-e1-1650\\\/\",\"name\":\"GBP\\\/EUR: Pair falls to \u20ac1.1650 - 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