• EUR/GBP could hit 0.90 next year – ING

Noticias del mercado

18 octubre 2023

EUR/GBP could hit 0.90 next year – ING

Economists at ING continue to have a gentle upside bias for EUR/GBP.

The wild card is European politics

Expect EUR/GBP to bump up a little higher this year as the last vestiges of the BoE tightening cycle are priced out. And our call for 100 bps of BoE easing in 24 (not priced now) could see 0.90.

The wild card here is European politics. Elections this year mean that a lack of cohesion could see the Stability and Growth Pact automatically reintroduced next year and EZ peripheral debt hit.

 

Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: