March 17, 2024 – Written by John Cameron
STORY LINK Pound to Euro 2024-2025 Forecast: Major Slide 1.15 to 1.06 say RBC
Foreign exchange analysts at RBC Capital Markets expect to see a Pound Sterling retreat to 1.15 at the end of 2024 and forecasts a major slide to 1.06 at the end of 2025.
BNP Paribas, however, expects that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.21 at the end of 2024 and hold the gains until the end of 2025.
According to BNP there is scope for optimism surrounding UK fundamentals; “Our analysis indicates…
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