January 19, 2025 – Written by David Woodsmith
STORY LINK Pound to Euro Week Ahead Forecast: Trump Inauguration, Sterling Vulnerability
Nomura notes Pound vulnerability, but it is still targeting a Pound to Euro (GBP/EUR) exchange rate to strengthen to 1.2270 at the end of 2025.
ING has shifted its forecasts and now expects GBP/EUR will weaken to 1.1765 at the end of the year.
Pound confidence dipped sharply early in the week amid a slide in UK bonds, with a jump in the 10-year yield to 16-year highs…
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