{"id":118175,"date":"2024-08-21T15:45:35","date_gmt":"2024-08-21T14:45:35","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118175"},"modified":"2024-08-21T15:39:01","modified_gmt":"2024-08-21T14:39:01","slug":"109209-gbp-eur-pair-rises-towards-e1-1750-2","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109209-gbp-eur-pair-rises-towards-e1-1750-2\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.1750"},"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 rising towards \u20ac1.1750 after 2-days of losses.<\/p>\n<p>The pound is rising as data showed that the <a href=\"https:\/\/currencylive.com\/news\/109206-gbp-eur-pound-rises-after-uk-government-spent-more-than-expected-in-july\/\">UK government borrowed more than expected in July.<\/a> Public sector net borrowing was \u00a33.1 billion, $1.8 billion more than in the same period last year.<\/p>\n<p>The data highlights the challenges that the new Chancellor, Rachel Reeves, is facing ahead of the Autumn Budget.<\/p>\n<p>The euro is falling amid a quiet economic calendar but rose to a 2024 high against the USD.<\/p>\n<p>Attention is turning to tomorrow&#8217;s business activity data (PMIs) which will show how the economy is holding up after the ECB cut rates<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising towards \u20ac1.1750 after 2-days of losses. The pound is rising as data showed that the UK government borrowed more than expected in July. Public sector net borrowing was \u00a33.1 billion, $1.8 billion more than in the same period last year. The data highlights the challenges that the [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":4545,"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-118175","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 rises towards \u20ac1.1750 - 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\/109209-gbp-eur-pair-rises-towards-e1-1750-2\/\" \/>\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\\\/109209-gbp-eur-pair-rises-towards-e1-1750-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109209-gbp-eur-pair-rises-towards-e1-1750-2\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1750\",\"datePublished\":\"2024-08-21T14:45:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109209-gbp-eur-pair-rises-towards-e1-1750-2\\\/\"},\"wordCount\":109,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109209-gbp-eur-pair-rises-towards-e1-1750-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100462-gbp-usd-us-jobs-report-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\\\/109209-gbp-eur-pair-rises-towards-e1-1750-2\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109209-gbp-eur-pair-rises-towards-e1-1750-2\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1750 - 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