{"id":118208,"date":"2024-08-29T18:52:51","date_gmt":"2024-08-29T17:52:51","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118208"},"modified":"2024-08-30T19:09:49","modified_gmt":"2024-08-30T18:09:49","slug":"109219-gbp-eur-pair-rises-to-e1-19","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109219-gbp-eur-pair-rises-to-e1-19\/","title":{"rendered":"GBP\/EUR: Pair rises to \u20ac1.19"},"content":{"rendered":"

The pound euro exchange rate (GBP\/EUR<\/a>) has risen for a seventh straight day, reaching a monthly high.<\/p>\n

The euro fell after German inflation cooled more than expected to 1.9% YoY, down from 2.3% in July. This, combined with the deteriorating outlook for the German economy, raises the chances of the ECB cutting rates in September.<\/p>\n

Tomorrow eurozone inflation data is expected to show inflation eased to 2.2%.<\/p>\n

The pound has risen on bets that the BoE will leave rates unchanged until November.<\/p>\n

Yesterday PM Sir Kier Starmer visited Germany and agreed closer cooperation to reset EU-UK ties.<\/p>\n","protected":false},"excerpt":{"rendered":"

The pound euro exchange rate (GBP\/EUR) has risen for a seventh straight day, reaching a monthly high. The euro fell after German inflation cooled more than expected to 1.9% YoY, down from 2.3% in July. This, combined with the deteriorating outlook for the German economy, raises the chances of the ECB cutting rates in September. […]<\/p>\n","protected":false},"author":163946598,"featured_media":5591,"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":["post-118208","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","tag-gbp","tag-gbp-eur"],"acf":[],"yoast_head":"\nGBP\/EUR: Pair rises to \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\/109219-gbp-eur-pair-rises-to-e1-19\/\" \/>\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\\\/109219-gbp-eur-pair-rises-to-e1-19\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109219-gbp-eur-pair-rises-to-e1-19\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises to \u20ac1.19\",\"datePublished\":\"2024-08-29T17:52:51+00:00\",\"dateModified\":\"2024-08-30T18:09:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109219-gbp-eur-pair-rises-to-e1-19\\\/\"},\"wordCount\":100,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109219-gbp-eur-pair-rises-to-e1-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100636-gbp-eur-pound-drops-brexit-plan.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\\\/109219-gbp-eur-pair-rises-to-e1-19\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109219-gbp-eur-pair-rises-to-e1-19\\\/\",\"name\":\"GBP\\\/EUR: Pair rises to \u20ac1.19 - 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