{"id":118325,"date":"2024-09-23T19:27:29","date_gmt":"2024-09-23T18:27:29","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118325"},"modified":"2024-09-24T20:10:20","modified_gmt":"2024-09-24T19:10:20","slug":"109265-gbp-eurur-pair-rises-to-over-a-2-year-high","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\/","title":{"rendered":"GBP\/EURUR: Pair rises to over a 2 year high"},"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 \u20ac1.20, at its highest level in almost 2.5 years.<\/p>\n<p>The pound is rising after UK PMI data suggest the country is heading towards a soft landing. The Composite PMI, a gauge for business activity, eased to 52.9, down from 53.8. This is weaker than expected but in line with 0.3% GDP growth QoQ.<\/p>\n<p>Meanwhile service sector inflation cooled to its lowest level since February 2021.<\/p>\n<p>The euro is tumbling after eurozone business activity contracted in September. The composite PMI fell to 48.9 from 51 in August, raising concerns of a recession in the region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising towards \u20ac1.20, at its highest level in almost 2.5 years. The pound is rising after UK PMI data suggest the country is heading towards a soft landing. The Composite PMI, a gauge for business activity, eased to 52.9, down from 53.8. This is weaker than expected but [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5190,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[3466,2649,1394,2410],"class_list":["post-118325","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eiur","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\/EURUR: Pair rises to over a 2 year high - 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\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\/\" \/>\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\\\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EURUR: Pair rises to over a 2 year high\",\"datePublished\":\"2024-09-23T18:27:29+00:00\",\"dateModified\":\"2024-09-24T19:10:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\\\/\"},\"wordCount\":105,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100810-gbp-eur-uk-parliament-vote.jpg\",\"keywords\":[\"eiur\",\"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\\\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109265-gbp-eurur-pair-rises-to-over-a-2-year-high\\\/\",\"name\":\"GBP\\\/EURUR: Pair rises to over a 2 year high - 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