June 16, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Exchange Rate Forecast For Week Ahead: 1.1365-1.1905
Foreign exchange analysts at Bank of America forecast that the Pound to Euro exchange rate (GBP/EUR) gains will extend to 1.1905. Credit Agricole sees scope for a near-term correction before a medium-term move to 1.1905.
Danske Bank expects a decline to 1.1365 on a 6-12-month view, but notes that French political uncertainty and Bank of England policy could jeopardise this forecast.
The Euro posted sharp losses after the weekend…
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