{"id":117756,"date":"2024-05-16T19:36:03","date_gmt":"2024-05-16T18:36:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117756"},"modified":"2024-05-17T15:14:35","modified_gmt":"2024-05-17T14:14:35","slug":"109083-gbp-eur-pair-holds-steady-around-e1-1650","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109083-gbp-eur-pair-holds-steady-around-e1-1650\/","title":{"rendered":"GBP\/EUR: Pair holds steady around \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 holding steady at 1.1650.<\/p>\n<p>The euro is steady amid a quiet economic calendar and as investors look ahead to<a href=\"https:\/\/currencylive.com\/news\/109082-gbp-eur-pair-holds-steady-ahead-of-eurozone-inflation\/\"> eurozone inflating data<\/a> tomorrow (CPI).<\/p>\n<p>CPI is expected to confirm the preliminary reading of 2.4% YoY in April. The ECB is on track to cut rates in June.<\/p>\n<p>The pound is holding steady amid a lack of fresh catalysts. The economic calendar this week has been quiet except for Tuesday&#8217;s labor market data.<\/p>\n<p>Jobs data showed unemployment ticked higher, but wage growth was sticky. The BoE is expected to cut rate in June or August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is holding steady at 1.1650. The euro is steady amid a quiet economic calendar and as investors look ahead to eurozone inflating data tomorrow (CPI). CPI is expected to confirm the preliminary reading of 2.4% YoY in April. The ECB is on track to cut rates in June. The [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5460,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[1395,1394,2410],"class_list":["post-117756","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","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 holds steady around \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\/109083-gbp-eur-pair-holds-steady-around-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\\\/109083-gbp-eur-pair-holds-steady-around-e1-1650\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109083-gbp-eur-pair-holds-steady-around-e1-1650\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair holds steady around \u20ac1.1650\",\"datePublished\":\"2024-05-16T18:36:03+00:00\",\"dateModified\":\"2024-05-17T14:14:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109083-gbp-eur-pair-holds-steady-around-e1-1650\\\/\"},\"wordCount\":106,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109083-gbp-eur-pair-holds-steady-around-e1-1650\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100954-gbp-eur-euro-slips-eurozone-data.jpg\",\"keywords\":[\"eur\",\"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\\\/109083-gbp-eur-pair-holds-steady-around-e1-1650\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109083-gbp-eur-pair-holds-steady-around-e1-1650\\\/\",\"name\":\"GBP\\\/EUR: Pair holds steady around \u20ac1.1650 - 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