from Deutsche Bank with outlooks and forecast for 2016 on euro, yen and sterling
Via eFX comes a client note
“In 2016, the GBP is likely to remain vulnerable most obviously
against the USD. The pound in particular should suffer from a mix of
fiscal contraction constraining the BOE tightening cycle, making a C/A
deficit of near 5% of GDP more difficult to finance, most especially in
the face of ‘Brexit’ uncertaintiesDB projects.