German industrial output<\/a>, which fell -0.4% MoM in March after rising 1.7% in February. The data comes after factory orders unexpectedly dropped yesterday.<\/p>\nThe data suggests that the recovery of the German economy could be a long road.<\/p>\n
The pound is falling ahead of the BoE interest rate decision tomorrow. The BoE is expected to leave rates unchanged at 5.25% but could start to pave the way for a rate cut in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"
Thhe pound euro (GBP\/EUR) exchange rate is falling for a second straight day, dropping to \u20ac1.16. The euro is rising despite weaker-than-expected German industrial output, which fell -0.4% MoM in March after rising 1.7% in February. The data comes after factory orders unexpectedly dropped yesterday. The data suggests that the recovery of the German economy […]<\/p>\n","protected":false},"author":163946598,"featured_media":0,"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-117713","post","type-post","status-publish","format-standard","category-eur","category-gbp","tag-eur","tag-eur-gbp","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\n
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