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Sterling May Fall to 0.88 EUR/GBP by Year-End as ECB-BoE Policy Divergence Widens

2026-07-23 08:19:08

ING-2.71%

According to ING analysts on July 23, sterling could retreat further if UK short-term rates decline and fiscal risks resurface. The bank forecasts euro-sterling will reach 0.88 by end-2026 and 0.90 in 2027, driven by expectations that UK inflation may miss the 4% threshold for Bank of England rate hikes while the European Central Bank could raise rates again.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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