February 28, 2025 – Written by Tim Boyer
STORY LINK Pound to Euro Forecast: Two-Month Best Now, 1.2350 in Six Months
The Euro has been hampered by a renewed threat on tariffs on EU goods from President Trump with the Pound to Euro (GBP/EUR) exchange rate strengthening to 2-month highs just above the 1.2100 level, but has not made a convincing break higher at this stage.
Danske Bank expects that GBP/EUR will strengthen to 1.2350 on a 6-month view.
Markets are, however, also having to factor in the Ukraine situation. In essence,…
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