Decision Desk HQ projects Zohran Mamdani to win the New York City Mayor election. | investingLive

MUFG raised its EUR/GBP forecasts, seeing the euro at 0.8900 by Q1 2026 and 0.9000 by Q2. Expects sterling to weaken as UK inflation peaks and the BoE moves toward rate cuts, with a 66% chance priced for December easing.