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EUR/GBP is pressing lower again. Economists at ING analyze the pair’s outlook.
A move below the 0.8540 support would set the EUR/GBP pair back to pre-Mini-Budget crisis levels (August 2022).
The latest evidence from employment and wage growth has prompted yet another repricing higher in BoE rate expectations, with 132 bps of tightening priced in by year-end.
With short-dated gilts reaching their highest levels since 2008 yesterday, it remains hard to buck the EUR/GBP bearish trend, especially ahead of the ECB risk event, but our medium-term view remains bullish on the pair.
风险提示:本文所述仅代表作者个人观点,不代表 Followme 的官方立场。Followme 不对内容的准确性、完整性或可靠性作出任何保证,对于基于该内容所采取的任何行为,不承担任何责任,除非另有书面明确说明。

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