March 9, 2025 – Written by Adam Solomon
STORY LINK Pound to Euro Exchange Rate Forecast: 1.1875 say Morgan Stanley
GBP/EUR: Forecasters Back to Square One
During the week the Pound to Euro exchange rate (GBP/EUR) dipped sharply to 5-week lows below 1.19 as the Euro surged.
Danske Bank FX analyst Kirstine Kundby-Nielsen commented, “It’s all to do with the broad-based euro optimism that we’ve seen with this shift in fiscal policy in Germany.”
Most investment banks are in the process of re-evaluating FX forecasts given…
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