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Euro-to-Pound Year Ahead Forecast: Buy EUR Dips On Autumn UK Budget Risks
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Euro-to-Pound Year Ahead Forecast: Buy EUR Dips On Autumn UK Budget Risks
UK analysts expect EUR/GBP to move higher as fading BoE rate-hike bets and autumn Budget concerns expose the Pound Sterling to renewed selling pressure. The Euro to Pound exchange rate (EUR/GBP) held near 0.8580 on Thursday, with Rabobank favouring further gains as the summer draws to a close. EUR/GBP has recovered from July’s low near 0.8455 after Sterling’s earlier rally ran out of steam. The pair fell 0.72% last month, but has since climbed f…
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