{"id":118777,"date":"2025-01-15T18:29:00","date_gmt":"2025-01-15T18:29:00","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=118777"},"modified":"2025-01-18T18:52:18","modified_gmt":"2025-01-18T18:52:18","slug":"109418-gbp-eur-pair-rises-towards-e1-19","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109418-gbp-eur-pair-rises-towards-e1-19\/","title":{"rendered":"GBP\/EUR: Pair rises towards \u20ac1.19"},"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 snapping a 5-day losing streak as it heads towards \u20ac1.19.<\/p>\n<p>The pound is rising after UK CPI unexpectedly cooled to 2.5% YoY from 2.6%. Economists had forecast a rise to 2.7%. Service sector inflation eased to 4.4% from 5%, which will be well received by BoE policymakers.<\/p>\n<p>The data eased inflationary fears in the UK, pulling gilt yields lower and lifting GBP. However, concerns over weak growth remain. UK GDP data is due tomorrow.<\/p>\n<p>The euro is falling against the stronger GBP but rising against the USD.<\/p>\n<p>Eurozone industrial production was weaker than expected and dovish commentary from ECB policymakers keeps the EUR under pressure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is rising snapping a 5-day losing streak as it heads towards \u20ac1.19. The pound is rising after UK CPI unexpectedly cooled to 2.5% YoY from 2.6%. Economists had forecast a rise to 2.7%. Service sector inflation eased to 4.4% from 5%, which will be well received by BoE policymakers. [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5970,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1380,1379],"tags":[],"class_list":{"0":"post-118777","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/EUR: Pair rises towards \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\/109418-gbp-eur-pair-rises-towards-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\\\/109418-gbp-eur-pair-rises-towards-e1-19\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109418-gbp-eur-pair-rises-towards-e1-19\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair rises towards \u20ac1.19\",\"datePublished\":\"2025-01-15T18:29:00+00:00\",\"dateModified\":\"2025-01-18T18:52:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109418-gbp-eur-pair-rises-towards-e1-19\\\/\"},\"wordCount\":113,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109418-gbp-eur-pair-rises-towards-e1-19\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/pounds-brexit.jpg\",\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109418-gbp-eur-pair-rises-towards-e1-19\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109418-gbp-eur-pair-rises-towards-e1-19\\\/\",\"name\":\"GBP\\\/EUR: Pair rises towards \u20ac1.19 - 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