About this document
October 2023 Currency Outlook Analysis by Fitz is a document available to read on EtoBox.
- GBP weakened against the USD, EUR, and AUD in September due to weak UK economic data, slowing inflation, and the Bank of England halting interest rate hikes unexpectedly. - The document predicts that GBP will continue to struggle against these currencies in October, trading in ranges of 1.20-1.24 against the USD, 1.14-1.17 against the EUR, and 1.20-1.24 against the AUD. - The EUR is also expected to weaken against the USD due to a dovish ECB and weak Eurozone economy, trading in the 1.07-1.09 range, wh
- Author
- Fitz
- Language
- EN