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Posted by
Two Blokes Jun 23 -
Filed in
Forex
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1 view
The Pound to Euro (GBP/EUR) exchange rate dipped to 2-month lows around 1.1660 on Monday before a recovery to 1.1690 with the near-term market focus on Middle East tensions and risk appetite. Danske Bank continues to forecast that GBP/EUR will retreat to 1.15 on a 6-12-month view as UK fundamental vulnerability is exposed by a more hostile.