{"id":118415,"date":"2024-10-09T19:30:44","date_gmt":"2024-10-09T18:30:44","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118415"},"modified":"2024-10-09T21:45:38","modified_gmt":"2024-10-09T20:45:38","slug":"109285-gbp-eur-pair-rises-towards-e1-1950","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109285-gbp-eur-pair-rises-towards-e1-1950\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.1950"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is heading higher for a second day.<\/p>\n<p>The pound is rising despite industry data showing that UK business morale deteriorated in September amid concerns surrounding the upcoming Labour Budget.<\/p>\n<p>The Budget will be released on 30 October and, according to PM Kier Starmer could be \u201cpainful\u201d for some as the Chancellor tries\u00a0to plug a \u00a322 billion black hole.<\/p>\n<p>The euro is falling despite the German <a href=\"https:\/\/currencylive.com\/news\/109283-gbp-eur-euro-struggles-despite-germanys-trade-surplus-rising\/\">trade<\/a> surplus widening to \u20ac22.5 billion as German exports increased and imports fell.<\/p>\n<p>Recent data from Germany have not dispelled concerns that the eurozone\u2019s largest economy could be heading for another contraction.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is heading higher for a second day. The pound is rising despite industry data showing that UK business morale deteriorated in September amid concerns surrounding the upcoming Labour Budget. The Budget will be released on 30 October and, according to PM Kier Starmer could be \u201cpainful\u201d for some as [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5048,"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-118415","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eur","category-gbp","tag-eur","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 \u20ac1.1950 - 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\/109285-gbp-eur-pair-rises-towards-e1-1950\/\" \/>\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\\\/109285-gbp-eur-pair-rises-towards-e1-1950\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109285-gbp-eur-pair-rises-towards-e1-1950\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1950\",\"datePublished\":\"2024-10-09T18:30:44+00:00\",\"dateModified\":\"2024-10-09T20:45:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109285-gbp-eur-pair-rises-towards-e1-1950\\\/\"},\"wordCount\":110,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109285-gbp-eur-pair-rises-towards-e1-1950\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100733-pound-steadies-after-fall.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\\\/109285-gbp-eur-pair-rises-towards-e1-1950\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109285-gbp-eur-pair-rises-towards-e1-1950\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.1950 - 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