Sterling is set to continue its appreciation against the euro, says
Nick Beecroft, Chairman of Saxo Capital Markets. He expects Sterling
to hit against the euro within the next six months.
Sterling’s rise against the euro is driven by the relative strength of
the UK economy compared to Europe. The Russia-Ukraine crisis could
cause additional macro problems for Europe and uncertainty remains
over what will happen in Greece after anti-austerity party Syriza’s
recent election win.
UK gross domesti
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10 years ago 00:02:22 1
Beecroft: UK jobs data moves Sterling more than budget