April 7, 2024 – Written by John Cameron
Leave a comment STORY LINK Pound to Euro Week Ahead Exchange Rate Forecast: 1.156-1.19 Range This Year
Currency strategists at Nordea forecast that the Pound to Euro exchange rate (GBP/EUR) will strengthen to 1.19 at the end of 2024 with a further advance to 1.22 at the end of 2025.
MUFG, however, expects a Sterling-Euro retreat to 1.1560 at the end of this year.
GBP/EUR overall lost ground during the week with 7-day lows near 1.1650.
The data releases had only a limited impact, but final data for…
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