{"id":118051,"date":"2024-07-16T11:00:16","date_gmt":"2024-07-16T10:00:16","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118051"},"modified":"2024-07-16T10:48:56","modified_gmt":"2024-07-16T09:48:56","slug":"gbp-eur-pair-falls-below-e1-19-2","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/gbp-eur-pair-falls-below-e1-19-2\/","title":{"rendered":"GBP\/EUR: Pair falls below \u20ac1.19"},"content":{"rendered":"

The pound-euro exchange (GBP\/EUR<\/a>) is falling below \u20ac1.19.<\/p>\n

The pound is falling after UK grocery inflation cooled to 1.6%, its lowest level in 3-years. Meanwhile, footfall rose at the fastest pace this year thanks in part to the Euro 2024 football tournament.<\/p>\n

The data comes ahead of UK inflation data tomorrow and labour market figures on Thursday.<\/p>\n

The euro is rising despite weaker German ZEW economic sentiment data, which fell to 41.8 from 47.5 raising concerns of an economic slowdown.<\/p>\n

The ECB will announce its rate decision on Thursday and is expected to leave rates unchanged at 3.75%<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound-euro exchange (GBP\/EUR) is falling below \u20ac1.19. The pound is falling after UK grocery inflation cooled to 1.6%, its lowest level in 3-years. Meanwhile, footfall rose at the fastest pace this year thanks in part to the Euro 2024 football tournament. The data comes ahead of UK inflation data tomorrow and labour market figures […]<\/p>\n","protected":false},"author":163946598,"featured_media":5236,"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-118051","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 below \u20ac1.19 - 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\/gbp-eur-pair-falls-below-e1-19-2\/\" \/>\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\\\/gbp-eur-pair-falls-below-e1-19-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-below-e1-19-2\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls below \u20ac1.19\",\"datePublished\":\"2024-07-16T10:00:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-below-e1-19-2\\\/\"},\"wordCount\":98,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-below-e1-19-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100834-gbp-eur-eurozone-gdp-data.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\\\/gbp-eur-pair-falls-below-e1-19-2\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/gbp-eur-pair-falls-below-e1-19-2\\\/\",\"name\":\"GBP\\\/EUR: Pair falls below \u20ac1.19 - 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