Pound Forecast to "Grind" Lower Against Euro: Rabobank
A leading European bank predicts the pound will eventually succumb to the euro.
A leading European bank predicts the pound will eventually succumb to the euro.
"Burnhamโs clear preference for an expansionary fiscal stance, higher taxation and larger gilt issuance present a downside risk to markets"
More →Official daily exchange rates from 1971 to today: Bank of England, ECB and interbank sources.
Bank of England trade-weighted sterling effective exchange rate index (Jan 2005 = 100)
A reading above 100 means the currency is expensive relative to its long-run historical average. Below 100 means it is undervalued.
A leading European bank predicts the pound will eventually succumb to the euro.
Pound Sterling Underpricing Burnham Election Risk Warn Analysts Pound Can Bank on a Rate Hike to Deliver Summer Gains Against Euro Pound Sterling's Secret Support: Nobody Likes ItWeek Ahead Forecast: The pound to euro exchange rate trades with a firm bias, although building political risks and an ECB rate hike should conspire with f...
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Euro-to-Dollar Week Ahead Forecast: Sellers in Control Euro-Dollar Risks 1.15 Next: ING Euro-Dollar Forecasts Lowered at CommerzbankCAD tipped to stabilise ahead of potential recovery on medium-term horizon.
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Pound-Franc On Course to Slide Below Parity: J. Safra Sarasin Swiss Franc Tipped to Make a Comeback by UBS Swiss Franc Weakness Now SNB Policy