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 in the UK elections could provide some support for the Pound. The bank also highlights factors such as energy prices, the UK's current account deficit, and high foreign debt that make the currency vulnerable. #GBP #EUR #economy #forecasts...
#newstr #PoundSterling #UkEconomy #DanskeBank #BankOfEngland #LabourVictory #EnergyPrices #CurrentAccountDeficit #ForeignDebt
https://here.news/story/b4222ee6?ver=1.27Published at
2024-07-01 10:02:33Event JSON
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"content": "Danske Bank Forecasters Believe UK Economic Fundamentals Will Undermine Pound Sterling\n===============\t\n#b4222ee6 ver:1.27\n\nDanske 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 in the UK elections could provide some support for the Pound. The bank also highlights factors such as energy prices, the UK's current account deficit, and high foreign debt that make the currency vulnerable. #GBP #EUR #economy #forecasts...\n\n#newstr #PoundSterling #UkEconomy #DanskeBank #BankOfEngland #LabourVictory #EnergyPrices #CurrentAccountDeficit #ForeignDebt \n\n https://here.news/story/b4222ee6?ver=1.27",
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