Monday, Feb 26, 2007

Consistencies between Sterling and Euros

Independent: Stephen King: Why the pound and the euro are as entwined as lovers

Steven King, Economics Director of HSBC discusses the reasons behind the steady relationship between Sterling and the Euro. For the last 5 years or so, the behaviour of the two currencies has been remarkably similar, despite some fairly disparate behaviour from the central banks.

Posted by jellycaster @ 09:40 AM (152 views) Add Comment

1 Comment

1. harold said...

"the behaviour of the two currencies has been remarkably similar"

Soon to be decoupled I suspect - lookout down below, here comes the pound! Soothing words from the HSBC - don't trust 'em.

Monday, February 26, 2007 08:13PM Report Comment
 

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