{"id":117897,"date":"2024-06-13T16:55:52","date_gmt":"2024-06-13T15:55:52","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=117897"},"modified":"2024-06-13T16:57:35","modified_gmt":"2024-06-13T15:57:35","slug":"109125-gbp-eur-pair-rises-above-e1-1850","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109125-gbp-eur-pair-rises-above-e1-1850\/","title":{"rendered":"GBP\/EUR: Pair rises above \u20ac1.1850"},"content":{"rendered":"<p>The pound-euro (GBP\/EUR) exchange rate is rising after losses yesterday.<\/p>\n<p>The euro has given up earlier gains as political uncertainty hammers the common currency. The latest polls in France show Macron losing the snap election to Marine Le Pen<\/p>\n<p>Meanwhile, German wholesale inflation fell -0.2% MoM, down from 0.4% in April. Industrial output was also weaker than forecast -3% YoY, worse than the 1.9% decline forecast.<\/p>\n<p>The <a href=\"https:\/\/currencylive.com\/news\/109124-gbp-eur-pound-falls-as-more-boe-rate-cuts-expected\/\">pound has recovered earlier losses<\/a> as investors continue digesting data from earlier in the week.<\/p>\n<p>Figures this week showed that unemployment rose to a 2.5-year high, and the economic recovery stalled in April.<\/p>\n<p>Following the data, market is pricing in the first BoE rate cut in August.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound-euro (GBP\/EUR) exchange rate is rising after losses yesterday. The euro has given up earlier gains as political uncertainty hammers the common currency. The latest polls in France show Macron losing the snap election to Marine Le Pen Meanwhile, German wholesale inflation fell -0.2% MoM, down from 0.4% in April. Industrial output was also [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4746,"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":{"0":"post-117897","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-gbp","11":"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 rises above \u20ac1.1850 - 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\/109125-gbp-eur-pair-rises-above-e1-1850\/\" \/>\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\\\/109125-gbp-eur-pair-rises-above-e1-1850\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109125-gbp-eur-pair-rises-above-e1-1850\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises above \u20ac1.1850\",\"datePublished\":\"2024-06-13T15:55:52+00:00\",\"dateModified\":\"2024-06-13T15:57:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109125-gbp-eur-pair-rises-above-e1-1850\\\/\"},\"wordCount\":118,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109125-gbp-eur-pair-rises-above-e1-1850\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100575-gbp-eur-european-central-bank.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\\\/109125-gbp-eur-pair-rises-above-e1-1850\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109125-gbp-eur-pair-rises-above-e1-1850\\\/\",\"name\":\"GBP\\\/EUR: Pair rises above \u20ac1.1850 - 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