The pound euro (GBP\/EUR) exchange rate is rising after five days of losses.<\/p>\n
The pound is rising after the BoE survey showed that inflation expectations remained elevated. Inflation expectations over 5 years held at 3.6%, the highest level since 2019.<\/p>\n
Meanwhile, inflation expectations for one year fell, and expectations for one year dropped to 3.2%.<\/p>\n
Attention is turning to the BoE rate decision next week, where rates are expected to be left unchanged.<\/p>\n
The EUR is falling after industrial production fell -2.4% MoM in April, marking the first decline in four months.<\/p>\n
German CPI was confirmed at 2.1%. Eurozone inflation data is due next week.<\/p>\n","protected":false},"excerpt":{"rendered":"
The pound euro (GBP\/EUR) exchange rate is rising after five days of losses. The pound is rising after the BoE survey showed that inflation expectations remained elevated. Inflation expectations over 5 years held at 3.6%, the highest level since 2019. Meanwhile, inflation expectations for one year fell, and expectations for one year dropped to 3.2%. […]<\/p>\n","protected":false},"author":163946598,"featured_media":5328,"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":{"0":"post-119366","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eur","8":"category-gbp","9":"tag-eur","10":"tag-eur-gbp","11":"tag-gbp","12":"tag-gbp-eur"},"acf":[],"yoast_head":"\n