{"id":118135,"date":"2024-08-14T19:47:15","date_gmt":"2024-08-14T18:47:15","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118135"},"modified":"2024-08-14T19:50:56","modified_gmt":"2024-08-14T18:50:56","slug":"109191-gbp-eur-pair-falls-below-e1-1650","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109191-gbp-eur-pair-falls-below-e1-1650\/","title":{"rendered":"GBP\/EUR: Pair falls below \u20ac1.1650"},"content":{"rendered":"<p>The pound euro (<a href=\"https:\/\/currencylive.com\/exchange-rate\/1000-gbp-to-eur-exchange-rate-today\/\">GBP\/EUR<\/a>) exchange rate is falling on Wednesday, dropping below \u20ac1.1650.<\/p>\n<p>The pound is falling after cooler-than-forecast inflation. CPI rose to 2.2% YoY, up from 2% in June but below the 2.3% forecast. Service sector inflation, which is closely watched by the BoE, also eased by more than expected to 5.2%, from 5.7%.<\/p>\n<p>The market lifted expectations of a September rate cut to 40% up from 30%.<\/p>\n<p>The euro is rising after Eurozone Q2 GDP confirmed 0.3% growth and after strong German wage growth.<\/p>\n<p>Wage growth in the eurozone largest economy rose 5.6% in H1. Previously ECB President Christine Lagarde has warned that strong wage growth could be a hurdle to cutting rates further,<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling on Wednesday, dropping below \u20ac1.1650. The pound is falling after cooler-than-forecast inflation. CPI rose to 2.2% YoY, up from 2% in June but below the 2.3% forecast. Service sector inflation, which is closely watched by the BoE, also eased by more than expected to 5.2%, from 5.7%. [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5328,"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-118135","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 below \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\/109191-gbp-eur-pair-falls-below-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\\\/109191-gbp-eur-pair-falls-below-e1-1650\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109191-gbp-eur-pair-falls-below-e1-1650\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls below \u20ac1.1650\",\"datePublished\":\"2024-08-14T18:47:15+00:00\",\"dateModified\":\"2024-08-14T18:50:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109191-gbp-eur-pair-falls-below-e1-1650\\\/\"},\"wordCount\":113,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109191-gbp-eur-pair-falls-below-e1-1650\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100882-gbp-eur-pound-falls-brexit-news.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\\\/109191-gbp-eur-pair-falls-below-e1-1650\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109191-gbp-eur-pair-falls-below-e1-1650\\\/\",\"name\":\"GBP\\\/EUR: Pair falls below \u20ac1.1650 - 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