EN:Exchange rate forecasts: British pound sterling faces prospect of further Quantitative easing
The pound euro exchange rate (GBP EUR) is at 1.1579.
The pound dollar exchange rate (GBP USD) is at 1.5671.
The pound Australian dollar exchange rate (GBP AUD) is at 1.5853.
The November Inflation Report struck a dovish tone, with inflation forecast to undershoot the 2% target, setting the scene for a further round of gilt purchases (QE) in the opinion of currency analysts at Barclays Capital.
