{"id":117799,"date":"2024-05-24T15:42:02","date_gmt":"2024-05-24T14:42:02","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117799"},"modified":"2024-05-30T15:42:22","modified_gmt":"2024-05-30T14:42:22","slug":"109095-gbp-eur-pair-falls-towards-e1-1725","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109095-gbp-eur-pair-falls-towards-e1-1725\/","title":{"rendered":"GBP\/EUR: Pair falls towards \u20ac1.1725"},"content":{"rendered":"<p>The pound-euro (GBP\/EUR) exchange rate is falling for a second day but is set to rise throughout the week.<\/p>\n<p>The pound is falling after <a href=\"https:\/\/currencylive.com\/news\/109094-gbp-eur-pound-falls-after-weak-retail-sales\/\">UK retail sales fel<\/a>l -2.3% MoM in April, after falling -0.2% in March. This was below the -0.4% decline expected.<\/p>\n<p>The data suggests that households are struggling despite easing inflation.<\/p>\n<p>The euro is rising amid signs of recovery in the German economy. German GDP rose 0.2% QoQ in Q1.<\/p>\n<p>This came after stronger-than-expected business activity data in May, suggesting that the recovery is continuing into Q2.<\/p>\n<p>Hotter-than-expected wage growth data could provide challenges to the ECB cutting rates further down the line.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound-euro (GBP\/EUR) exchange rate is falling for a second day but is set to rise throughout the week. The pound is falling after UK retail sales fell -2.3% MoM in April, after falling -0.2% in March. This was below the -0.4% decline expected. The data suggests that households are struggling despite easing inflation. The [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5444,"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-117799","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":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair falls towards \u20ac1.1725 - 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\/109095-gbp-eur-pair-falls-towards-e1-1725\/\" \/>\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\\\/109095-gbp-eur-pair-falls-towards-e1-1725\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109095-gbp-eur-pair-falls-towards-e1-1725\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls towards \u20ac1.1725\",\"datePublished\":\"2024-05-24T14:42:02+00:00\",\"dateModified\":\"2024-05-30T14:42:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109095-gbp-eur-pair-falls-towards-e1-1725\\\/\"},\"wordCount\":111,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109095-gbp-eur-pair-falls-towards-e1-1725\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100946-gbp-eur-pound-strengthens.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\\\/109095-gbp-eur-pair-falls-towards-e1-1725\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109095-gbp-eur-pair-falls-towards-e1-1725\\\/\",\"name\":\"GBP\\\/EUR: Pair falls towards \u20ac1.1725 - 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