Rabobank look for GBP to outperform EUR in the months ahead ...Middle East

A note from Rabobank argues that Sterling might continue to outperform the euro in coming monthsCites due to the Bank of England’s cautious approach to cutting interest rates.Rabo adds that October could prove a rocky month for both currenciesU.K. budget on October 30 could present a hurdle for sterling as the prospect of tax rises to address poor public finances might worry potential investorsthe euro could also face volatility due to speculation that the European Central Bank could cut rates in October, while French budget difficulties could also weigh on the euro in the coming weeks-EUR/GBP up This article was written by Eamonn Sheridan at www.forexlive.com.

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Last updated : 30 September 2024 clock 02:01 AM

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Rabobank look for GBP to outperform EUR in the months ahead ...Middle East

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