Julian Benson
on September 27th, 2023 Goldman Sachs lowered the pound-to-euro and pound-to-dollar forecasts this week as “a combination of weaker growth, high inflation, and lower real rates is a negative mix for the currency.” The current three-month forecasts of 1.0990 (EUR) and 1.18 (USD) are at levels more typically associated with times of UK crises of confidence.
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