December 22, 2024 – Written by David Woodsmith
STORY LINK Pound to Euro Rate End-of-Year Forecast: Steady Path to 1.25 in 2025
Foreign exchange strategists at HSBC forecast that the Pound to Euro (GBP/EUR) exchange rate will strengthen steadily to 1.25 at the end of 2025.
Nordea, however, expects that GBP/EUR will slide to 1.1365 at the end of next year.
GBP/EUR fleetingly hit a 33-month best at 1.2160 during the week before a sharp retreat to around 1.2060 following the Bank of England (BoE) policy meeting.
The…
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