EUR/GBP: STERLING WILL STRUGGLE TO HOLD ON TO ITS STRENGTH AGAINST THE EURO – ING

avatar
· 閱讀量 37


EUR/GBP has now broken below 0.8700, the lowest level since December. Economists at ING expect the pair to turn back higher.

EUR/GBP weakness not very sustainable

“A good part of Sterling’s outperformance over the Euro relies on the market’s hawkish expectations on the BoE, with 70 bps of tightening still priced in this year.”

“In our view, there are good chances this week will mark the last rate hike of this cycle, and the Pound will struggle to hold on to its strength against the Euro as its rate advantage gradually erodes.”

風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest