Pound could soon be worth less than euro, warns CEBR

The parlous state of Britain’s finances and the uncertainty over UK fiscal policy could push the pound below parity with the euro in the next few months, a report by the Centre for Economics and Business Research (CEBR) has claimed.

The report warns that the British economy is:

walking “five yards away from the edge of a cliff” and could be toppled by an “unexpected gust”.

Telegraph UK

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Dean Popplewell

Dean Popplewell

Vice-President of Market Analysis at MarketPulse
Dean Popplewell has nearly two decades of experience trading currencies and fixed income instruments. He has a deep understanding of market fundamentals and the impact of global events on capital markets. He is respected among professional traders for his skilled analysis and career history as global head of trading for firms such as Scotia Capital and BMO Nesbitt Burns. Since joining OANDA in 2006, Dean has played an instrumental role in driving awareness of the forex market as an emerging asset class for retail investors, as well as providing expert counsel to a number of internal teams on how to best serve clients and industry stakeholders.
Dean Popplewell