#EURGBP @ 0.88181 seen at 0.88 on a three-month view – Rabobank
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The British Pound remains the second-best performing G10 currency on a one-month view after the safe-haven Japanese Yen. Economists at Rabobank target the EUR/GBP pair at 0.88 on a three-month view.
“Whilst the lineup of UK fundamentals is not great, it is better than the market had been expecting. In our view, this will push the EUR/GBP 0.90 target further away.”
“We have pared back our EUR/GBP forecasts and expected the pair at 0.88 on a three-month view.”
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