April 28, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Forecast For Week Ahead: Where Next for GBP/EUR?
ING forecasts the Pound to Euro exchange rate (GBP/EUR) will weaken to 1.1365 at the end of 2024 as the Bank of England cuts interest rates more aggressively over the second half of 2024.
Credit Agricole expects Euro-Zone manufacturing weakness will be crucial in hurting the Euro and GBP/EUR will strengthen to 1.19.
GBP/EUR hit 3-month lows at 1.1570 early in the week before a strong rebound to 1.1665.
At the beginning of the week,…
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