GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions on Nostr: Danske Bank Forecasters Believe UK Economic Fundamentals Will Undermine Pound ...
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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#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