EUR/GBP: Any dips to the 0.8250 area could be the low point of the year – ING EURGBP BOE Banks
“Money markets continue to price in 150bp of BoE rate hikes by year-end, while our economics team thinks that it will be closer to 50bp. That would leave GBP vulnerable in the second half of this year and suggests any dips in EUR/GBP to the 0.8250 area could be the low point of the year.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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