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The European cross is expected to remain volatile in the next sessions, according to Morten Helt, Senior Analyst at Danske Bank.

Key Quotes

“We expect EUR/GBP to remain volatile with risks to the upside in coming weeks ahead of the annual conservative party congress, which starts on 30 September”.

“Hence, corporate clients should take advantage of the recent decline in EUR/GBP and high implied volatility when hedging GBP income”.

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