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Deutsche Bank: If the UK government takes action to boost economic prospects, the pound is expected to recover.
On January 22, the Jinshi data, Deutsche Bank's Pfeiffer, said in a report, "If the UK government makes efforts to improve consumer and business confidence, the pound against the euro Exchange Rate may rise in the coming months. Otherwise, the goal of enhancing the long-term rise potential of the UK will not be achieved, and the weakness of the pound will be proven for a longer period of time." In recent months, the UK economy has shown a noticeable slowdown, and since the end of summer, various consumer and business surveys have almost collapsed. In view of this, Deutsche Bank slightly lowered its expectations for the UK economy, but still expects the UK economy to rise slightly stronger than the eurozone.