The euro could be about to suffer a notable move lower if the forecasts from a leading Swedish investment bank is correct.

It is probably safe to say that the pound will lose even more ground, should the outcome of the EU-referendum be for UK to leave the union.

We reported earlier this week that a leading Swedish bank had taken a negative stance on the pound / dollar exchange rate.

Handelsbanken Capital Markets are now confirmed to hold the most negative forecast on the GBP/USD exchange rate in our coverage universe.