{
  "id": 12119278,
  "title": "Euro: Fiscal risks cap upside against British Pound – Rabobank",
  "url": "https://urgent.news/2026/10/05/euro-fiscal-risks-cap-upside-against-british-pound-rabobank",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T09:09:03.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/euro-fiscal-risks-cap-upside-against-british-pound-rabobank-202610050909"
  },
  "original_language": "en",
  "account": "Rabobank's Senior FX Strategist Jane Foley outlines the EUR/GBP outlook, considering the different fiscal and political risks in Europe and the United Kingdom. She notes that France's financial and political challenges are more severe than those of the UK, which has led to a lower EUR/GBP forecast of around 0.85 over the next three months. The bank recently revised its EUR/GBP predictions lower across the board, forecasting the pair to trade in a choppy range near current levels on a 1 to 3-month horizon. Foley suggests that the upcoming UK budget on October 28 could provide a breather for the British Pound, as it appears less vulnerable to a sell-off compared to the Euro. She anticipates that volatility will persist in the EUR/GBP pair throughout the month, but there may be pullbacks offering relief to the Euro from current selling pressure.",
  "summary": "Rabobank's Senior FX Strategist Jane Foley discusses EUR/GBP in light of divergent fiscal and political risks in Europe and the United Kingdom (UK).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Euronews",
        "title": "Eurozone inflation spikes to 3.8%: Is your country on the worst list?",
        "url": "https://urgent.news/2026/10/02/eurozone-inflation-spikes-to-3-8-is-your-country-on-the-worst-list",
        "published": "2026-10-02T09:39:21.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "Euro trims daily gains as Eurozone inflation accelerates above expectations",
        "url": "https://urgent.news/2026/10/02/euro-trims-daily-gains-as-eurozone-inflation-accelerates-above",
        "published": "2026-10-02T09:46:31.000Z"
      },
      {
        "outlet": "Le Monde English",
        "title": "Eurozone inflation jumps to 3.8%, three-year high",
        "url": "https://urgent.news/2026/10/02/eurozone-inflation-jumps-to-3-8-three-year-high",
        "published": "2026-10-02T11:55:51.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Sterling today: Pound slips as euro sell-off lifts dollar",
        "url": "https://urgent.news/2026/10/05/sterling-today-pound-slips-as-euro-sell-off-lifts-dollar",
        "published": "2026-10-05T08:34:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}