Pantheon Macroeconomics - Sterling found its feet yesterday, rising to $1.33 from Monday's 31-year low of 1.32, but it would be the height of folly to rule out a further short-term decline. By the end of this year, however, we think that sterling likely will have appreciated to around $1.38.

U.K. Documents | 29 June. 2016 Sterling Likely to be Higher at Year-End, as the Political Fog Lifts
Sterling found its feet yesterday, rising to $1.33 from Monday's 31-year low of 1.32, but it would be the height of folly to rule out a further short-term decline. By the end of this year, however, we think that sterling likely will have appreciated to around $1.38.

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29 June. 2016 Sterling Likely to be Higher at Year-End, as the Political Fog Lifts

By Samuel Tombs

Sterling found its feet yesterday, rising to $1.33 from Monday's 31-year low of 1.32, but it would be the height of folly to rule out a further short-term decline. By the end of this year, however, we think that sterling likely will have appreciated to around $1.38.

Posted: 29th Jun 2016 in 'U.K. Documents'

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