May 6, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Week Ahead Forecast: 1.1560 – 1.19 Ranges by End-2024
Foreign exchange analysts at MUFG expect limited Pound to Euro exchange rate (GBP/EUR) losses to 1.1560 at the end of 2024.
Credit Agricole, however, expects that GBP/EUR will advance to 1.1900 at the end of the year.
Dollar developments tended to dominate during the week, but the Pound lost ground ahead of the Bank of England (BoE) policy decision with GBP/EUR posting 1-week lows near 1.1650.
The short-term outlook will…
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