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Investing.com UK /
npub1em7…cllf
2024-07-01 10:15:00
in reply to nevent1q…2r36

Investing.com UK on Nostr: nostr:note1xpts0le5usx48s7zdwc50kd03lrh34jj46xvj8hnnpvn2tyw4qnqjxdjnh

Danske Bank Forecasters Believe UK Economic Fundamentals Will Undermine Pound Sterling
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#b4222ee6 ver:1.27

Danske Bank predicts that UK economic fundamentals will weaken the Pound Sterling, leading to a decline in the GBP/EUR exchange rate to 1.15 in the next 12 months. However, a Labour victory and political stability could provide some support for the Pound. The bank also highlights the impact of energy prices, the UK's current account deficit, and high foreign debt as factors that make the currency vulnerable. #GBP #EUR #economy #forecasts...

#newstr #PoundSterling #UkEconomy #DanskeBank #BankOfEngland #LabourVictory #EnergyPrices #CurrentAccountDeficit #ForeignDebt

https://here.news/story/b4222ee6?ver=1.27
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