13-08-2017, 10:03
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#2586
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cf.mega poster
Join Date: Dec 2013
Posts: 14,308
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Re: Brexit: Article 50 Has Been Triggered !
Honestly never thought I would see this happen even with the Brexit vote.
Quote:
Pound will be worth less than a euro by early 2018, Morgan Stanley predicts
Analysts from the US investment bank said sterling could fall below parity by early next year as prospects on the continent improve and the UK outlook worsens.
The bank sees a further downturn for the pound, which has already lost ground since the Brexit vote last June. Weak economic growth and increased political uncertainty as EU divorce talks show little signs of progress, will weigh on the UK currency, Morgan Stanley said on Friday.
...Morgan Stanley analysts said that the defeat of populist movements that had threatened to take control in France and the Netherlands would help bolster the euro for years to come.
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http://www.independent.co.uk/news/bu...-a7888966.html
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