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Story summary
- The Pound trades at 1.15 euros, down from 1.21 last year and at 1.14 in December.
- It remains firm against the U.S. dollar at $1.35 and the yen at 211 per pound.
- Analysts attribute euro decline to the Bank of England shifting from rate hikes to growth amid stagnation and tax increases.
- They forecast a 3–4% fall against the euro in 2026 to prompt travelers to buy to lock rates.
