The sharp fall in GBP vs. the EUR in March indicates that the pound is vulnerable to a drop of investment flows during crisis times, according to economists at Rabobank. Key quotes “For many overseas investors the risk of disorder at UK borders next year could threaten to lengthen what is likely to be a sharp UK recession this year on the back of the crisis lockdowns.” “The UK maintains a current account deficit while the Eurozone has a healthy surplus. The EUR, however, is far from immune to political uncertainty. Disagreements on the topic of debt mutualization threaten to re-open cracks in the bloc’s fragile coherence on fiscal issues.” “ On balance, we see EUR/GBP trading around 0.88 on a 3 month view.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Italy: The outlook for the debt ratio has worsened dramatically – ABN Amro FX Street 2 years The sharp fall in GBP vs. the EUR in March indicates that the pound is vulnerable to a drop of investment flows during crisis times, according to economists at Rabobank. Key quotes “For many overseas investors the risk of disorder at UK borders next year could threaten to lengthen what is likely to be a sharp UK recession this year on the back of the crisis lockdowns.” “The UK maintains a current account deficit while the Eurozone has a healthy surplus. The EUR, however, is far from immune to political uncertainty. Disagreements on the topic of debt mutualization threaten to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
