June 30, 2024 – Written by John Cameron
STORY LINK French Vote: Best and Worst Outcome for Pound to Euro Exchange Rate Buyers
Credit Agricole expects the Pound to Euro (GBP/EUR) exchange rate to strengthen to 1.19 at the end of 2024. It does, however, see scope for gains to near 1.22 if there is a left-wing majority victory in the French parliamentary elections.
Danske Bank still expects a GBP/EUR retreat to 1.15 on a 12-month view.
GBP/EUR was held in relatively tight ranges during the week, although there were net losses…
Read More