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One of Germany's largest banks thinks the British Pound is set for another strong year against the Euro. However, a key risk is an economic slowdown following Rachel Reeves' budget.
November 21,2024
The British Pound is described as "a diamond in the rough," by Goldman Sachs in their new year-ahead forecast publication, in which a new set of post-election forecast targets suggest solid gains in the coming months.
November 19,2024
Pound Sterling could lose further value against the Euro in the coming week if UK inflation and PMI data undershoot expectations.
November 18,2024
"A bit more juice in sterling," says Kit Juckes, head of FX research at Société Générale.
November 15,2024
GBP/EUR surged to 1.2103 on Monday amidst a frantic sell-off in the euro, but it has since fallen back to 1.20, having recorded a sizeable 0.65% daily drop on Tuesday.
November 13,2024
The Pound to Euro exchange rate (GBP/EUR) hit a peak of 1.21 on Monday, which is the highest level recorded since April 2022.
November 12,2024
Pound Sterling rose to its highest level against the Euro in two years following Donald Trump's win. Further gains are possible near-term.
November 11,2024
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