Economists at Danske Bank discuss EUR/GBP outlook ahead of the Bank of England (BoE) meeting. GBP headwinds to set in In our base case of a 25 bps hik
In our base case of a 25 bps hike, we expect EUR/GBP to end the day higher on dovish commentary.
We continue to forecast EUR/GBP to move modestly higher in the coming year to 0.88 on the UK economy performing relatively worse than the Euro area.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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EUR/GBP falling back ahead of UK inflation read, BoE rate hikeThe EUR/GBP took a dip on Tuesday after starting the week strong, and the pair is backing into the 0.8620 neighborhood after the week kicked off with
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BoE Preview: Forecasts from 10 major banks, the final hike?The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, September 21 at 11:00 GMT and as we get closer to the release time, he
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EUR/GBP could reach key resistance zone at 0.8700/0.8720EUR/GBP clears 0.8630. Economists at Société Général analyze the pair’s technical outlook. 0.8560 should cushion downside EUR/GBP defended the trough
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EUR/GBP consolidates around 0.8650 after UK CPI, German PPIEUR/GBP recovers from the previous day’s losses, trading near 0.8650 during the early trading hours of the European session on Wednesday. The pair gai
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EUR/GBP may have another go at breaking above 0.87Soft UK CPI are hurting GBP, Kit Juckes, Chief Global FX Strategist at Société Générale, reports. Rate rethink is dragging the Pound lower UK inflatio
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EUR/GBP testing higher waters near 0.8650 after UK CPI missThe EUR/GBP caught a bump higher during Wednesday trading after the United Kingdom’s (UK) inflation reading came in below market expectations, sending
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