{"id":119065,"date":"2025-03-26T21:45:25","date_gmt":"2025-03-26T21:45:25","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=119065"},"modified":"2025-03-31T13:13:20","modified_gmt":"2025-03-31T12:13:20","slug":"109446-gbp-eur-pair-falls-towards-e1-1975","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/109446-gbp-eur-pair-falls-towards-e1-1975\/","title":{"rendered":"GBP\/EUR: Pair falls towards \u20ac1.1975"},"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 falling after two days of gains.<\/p>\n<p>The pound is under pressure after <a href=\"https:\/\/currencylive.com\/news\/109445-gbp-eur-pound-falls-as-inflation-cools\/\">UK CPI cooled<\/a> to 2.8% YoY from 3% in January. Core CPI eased to 3.5% from 3.7%.<\/p>\n<p>The Chancellor&#8217;s Spring Statement saw growth forecasts slashed to 1% and spending cuts.<\/p>\n<p>The BoE is expected to cut rates twice more this year.<\/p>\n<p>The EUR has come away from session highs and is falling against the USD amid jitters surrounding potential US trade tariffs.<\/p>\n<p>ECB policymaker Villeroy de Galhau still sees inflation cooling to 2% by the summer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The pound euro (GBP\/EUR) exchange rate is falling after two days of gains. The pound is under pressure after UK CPI cooled to 2.8% YoY from 3% in January. Core CPI eased to 3.5% from 3.7%. The Chancellor&#8217;s Spring Statement saw growth forecasts slashed to 1% and spending cuts. The BoE is expected to cut [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":5444,"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-119065","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 falls towards \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\/109446-gbp-eur-pair-falls-towards-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\\\/109446-gbp-eur-pair-falls-towards-e1-1975\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109446-gbp-eur-pair-falls-towards-e1-1975\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/EUR: Pair falls towards \u20ac1.1975\",\"datePublished\":\"2025-03-26T21:45:25+00:00\",\"dateModified\":\"2025-03-31T12:13:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109446-gbp-eur-pair-falls-towards-e1-1975\\\/\"},\"wordCount\":95,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109446-gbp-eur-pair-falls-towards-e1-1975\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100946-gbp-eur-pound-strengthens.jpg\",\"keywords\":[\"eur\",\"eur\\\/gbp\",\"gbp\",\"gbp\\\/eur\"],\"articleSection\":[\"EUR\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109446-gbp-eur-pair-falls-towards-e1-1975\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/109446-gbp-eur-pair-falls-towards-e1-1975\\\/\",\"name\":\"GBP\\\/EUR: Pair falls towards \u20ac1.1975 - 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