Two Blokes

MUFG Forecast: Pound Sterling Vulnerable on Multiple Fronts, GBP/EUR Target 1.13

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    Posted by Two Blokes Jul 14 - Filed in Forex - 11 views
    The Pound to Euro (GBP/EUR) exchange rate has remained under pressure with a slide to 3-month lows close to 1.1530. MUFG notes that the Pound could be vulnerable on both fiscal and monetary policy grounds and continues forecast that GBP/EUR will slide to 1.13.