Pound Heading Towards $1.34-$1.35 Area, NAB's Catril Says

Pound Heading Towards $1.34-$1.35 Area, NAB's Catril Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the forecast for sterling, considering various market scenarios and the impact of Brexit. It highlights the diminishing probability of negative outcomes for the pound and the potential for a hard Brexit to be avoided. The euro's situation is analyzed, focusing on structural issues in Europe and the ECB's potential rate changes. The US dollar's outlook is examined, noting a soft patch in global economies and the Fed's patient stance on interest rates.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current outlook for the euro in relation to Brexit and structural issues in Europe?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for the dollar based on recent economic data and Fed comments?

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