The recent weakness in the pound against the US dollar has produced the usual flurry of headlines about an imminent sterling crisis. However, while the relative prospects for monetary policy in the US may continue to support the dollar, we don’t expect any further falls in the pound to be large or sustained. What’s more, sterling looks set to strengthen against both the euro and the yen.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services