“We recommend buying GBPCHF due to increased opposition from the Swiss National Bank to the strengthening of the Swiss franc,” Barclays* wrote, slightly lowering its GBP/EUR forecast for the second quarter to 1.19.
«Мы также вносим изменения в некоторые из наших других прогнозов. В частности, мы повышаем наши прогнозы по паре EUR/GBP, отражая укрепление евро, но при этом не меняем наш оптимистичный взгляд на фунт стерлингов», — говорится в заметке исследовательской группы Barclays, опубликованной в воскресенье.
The expectation of a possible rise to 1.20 suggests a further gradual and orderly depreciation of the US dollar, which will help lift the EUR/USD rate to 1.20 over the next three to six months, and the GBP/USD rate to around 1.44.
*Barclays is one of the largest financial conglomerates in the UK and the world with a wide presence in Europe, the USA and Asia. The conglomerate's operations are carried out through its subsidiary Barclays Bank PLC, which is the UK's second largest bank by assets (after HSBC).
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