EUR/GBP: Moving towards 0.90 – Danske Bank
|In view of Vladimir Miklashevsky, senior economist at Danske Bank, EUR/GBP is moving towards 0.90, in line with their expectations with macro surprises continuing to be slightly negative versus the euro area and the global backdrop likely favours a dose of dovishness from the BoE that the ECB will not match.
Key Quotes
“A near-term key event will be how the ECB handles itself at Sintra. We think the bar for surprises is high and continue to expect the EUR leg to push EUR/GBP higher.”
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. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.