Lloyds wins with cautious euro view
Bank predicts ECB easing already priced in
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Lloyds Bank topped last week's one-month currency charts by predicting market participants had already priced in the impact of easing measures announced by the European Central Bank (ECB) in June.
On June 6, the bank forecast the euro to remain in the 1.36 region, despite the ECB's decision to implement negative deposit rates and cut interest rates from 0.25% to 0.15%.
Jeavon Lolay, director of international macroeconomics at Lloyds Bank, expects the euro to remain
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