BITPRISMIA
ING highlights a notable EUR/GBP risk premium, reflecting market concerns about the UK economy's higher perceived risks compared to the Eurozone, with implications for currency trading and global economic outlook.
The EUR/GBP forecast suggests a potential decline due to the UK's strong service sector performance, which may lead to a more hawkish stance by the Bank of England and a stronger GBP exchange rate compared to the Eurozone.