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Posted by
Two Blokes Jun 9 -
Filed in
Forex
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3 views
MUFG notes that the UK economy has performed slightly stronger than expected so far this year which has supported the Pound. The Pound to Euro (GBP/EUR) exchange rate briefly hit 7-week highs above 1.1950 before consolidating below 1.1900 The bank expects GBP/EUR to hold firm in the short-term before a medium-term reversal.
