Experts expect the pound sterling to grow by 6% by the end of the year

122830

The Swedish banking company, Svenska Handelsbanken, believes that the UK exit from the EU can be postponed for a third time, which will affect the rate of the British national currency. According to the bank, by the end of the year, a pound sterling could increase by 6% to 1.33 dollars. Bank analyst Kieran Sakaria believes that the pound is already beginning to decline. He predicts a slowdown in the US economy and the beginning of a cut in interest rates by the Federal Reserve System. The slowdown of the global economy will require a reduction in interest rates from the Bank of England, but for now, they believe in a Swedish bank, the British Central Bank will maintain the same rates. According to experts, if Brexit will again be delayed, then new parliamentary elections or a second referendum can be held in the country. If events develop in this way, the pound will still be ahead of the dollar in 2020.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong
Message: