Danske Bank Forecast: Toxic Global Environment to Hurt Pound, 12-Month GBP/EUR Forecast 1.1365

  • Danske Bank's currency forecasts have changed sharply since the last monthly update, and it now expects that the Pound to Euro (GBP/EUR) exchange rate will retreat to 1.1500 on a 6-month view with a further retreat to 1.1365 in12-months. The scale of the shift is illustrated by the fact that the 12-month GBP/EUR forecast in the last full.