Currency markets could soon prompt a massive move in the pound to euro exchange rate – are you ready?
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The outlook for the pound to euro exchange rate conversion is positive as we start the new week with year-end targets at 1.51 being put on track.
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Markets have become used to the improvements in performance in the Eurozone economy – something that has allowed bond yields to stabilise and the euro to push higher.
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Interest rate and currency markets may be under-estimating the strength of the UK’s economic performance.
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This news piece provides analysis and the latest forecasts concerning the British pound and euro conversion and notes the euro is approaching a critical juncture.
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It is not hard to find currency forecasters who are betting on the euro weakening towards the end of 2015. But it is certainly noteworthy when forecasts for a stronger euro are made.
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Euro dollar now above 1.13 and euro pound at 0.7359 following latest sell-off in Eurozone bonds.
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