RBC Raises Pound vs. Euro Forecast
- Category: EUR
A material shift in Bank of England rate expectations owing to the war shifts pound sterling's outlook against the euro says one of the world's top-tier investment banks.
GBP/EUR has shorn its war premium, but unfortunately for euro buyers, that means it settles lower than it did when geopolitical anxieties were at their height.
Pound-Euro Eyes 1.1440 This Week
- Category: EUR
Pound sterling is softer against the euro at the start of the new week amidst a renewed spike in oil and gas prices.
Pound sterling has seen its recovery against the euro stall, and strategists at a number of investment banks look for a resumption lower.