{"id":118625,"date":"2024-11-26T15:34:03","date_gmt":"2024-11-26T15:34:03","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118625"},"modified":"2024-11-26T22:04:15","modified_gmt":"2024-11-26T22:04:15","slug":"109365-gbp-eur-pair-hold-steady-around-e1-1975","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109365-gbp-eur-pair-hold-steady-around-e1-1975\/","title":{"rendered":"GBP\/EUR: Pair hold steady around \u20ac1.1975"},"content":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is unchanged at \u20ac1.1975, giving back earlier gains.<\/p>\n<p>The CBI survey showed that <a href=\"https:\/\/currencylive.com\/news\/109362-gbp-eur-pound-rises-despite-a-gloomy-outlook-from-retailers\/\">UK retailers were the gloomiest<\/a> they&#8217;ve been since November 2022, when inflation was at its peak. The deteriorating mood comes following the Labour Budget last month, where employers NI contributions and a rise in the minimum wage were announced, leading to higher costs. Retailers are likely to be hit hard.<\/p>\n<p>The euro is unchanged amid a quiet day for economic data. Trade tariff threats on Canada, Mexico, and China unnerved the market.<\/p>\n<p>Attention will turn to eurozone inflation data on Friday for more clues on the ECB&#8217;s outlook for rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is unchanged at \u20ac1.1975, giving back earlier gains. The CBI survey showed that UK retailers were the gloomiest they&#8217;ve been since November 2022, when inflation was at its peak. The deteriorating mood comes following the Labour Budget last month, where employers NI contributions and a rise in the minimum [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5196,"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-118625","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 hold steady around \u20ac1.1975 - 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\/109365-gbp-eur-pair-hold-steady-around-e1-1975\/\" \/>\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\\\/109365-gbp-eur-pair-hold-steady-around-e1-1975\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109365-gbp-eur-pair-hold-steady-around-e1-1975\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair hold steady around \u20ac1.1975\",\"datePublished\":\"2024-11-26T15:34:03+00:00\",\"dateModified\":\"2024-11-26T22:04:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109365-gbp-eur-pair-hold-steady-around-e1-1975\\\/\"},\"wordCount\":114,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109365-gbp-eur-pair-hold-steady-around-e1-1975\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100813-gbp-usd-no-confidence-vote-uk.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\\\/109365-gbp-eur-pair-hold-steady-around-e1-1975\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109365-gbp-eur-pair-hold-steady-around-e1-1975\\\/\",\"name\":\"GBP\\\/EUR: Pair hold steady around \u20ac1.1975 - 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