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Posted by
Two Blokes Fri at 11:00 AM -
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Forex
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From 3-year lows below 1.1450 in April, the Pound to Euro (GBP/EUR) exchange rate has recovered to around 1.18. After initial stability, RBC Capital Markets (RBC) expects that weak UK fundamentals will gradually undermine the Pound amid a less favourable global risk environment.
