December 3, 2023 – Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: FX Bank Views Roundup
Foreign exchange analysts at Rabobank see scope for the Pound to Euro exchange rate (GBP/EUR) to strengthen to 1.1765 on a 6-month view.
In contrast, Bank of America does not expect GBP/EUR to strengthen further with a rate of 1.1495 in mid 2024 and 1.1365 at the end of next year.
The Pound to Euro (GBP/EUR) exchange rate has posted sharp gains this week amid the combination of hawkish Bank of England rhetoric and a slide in Euro interest rate…
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