Pound-Euro and the Death of Volatility
- Category: EUR
The pound to euro exchange rate (GBP/EUR) has been remarkably calm of late.
A wide range of policy outcomes and cyclical factors support further underperformance of Pound Sterling, warns Goldman Sachs.
The pound to euro exchange rate (GBP/EUR) is forecast to remain under pressure this week.
Bank of America has reduced its pound sterling forecasts, even as it insists the broader story for the UK economy is not as bad as markets have been making out.