The Euro is proabably heading towards a state of being at a 1:1 valuation versus the Pound but I believe that the USD will appreciate against both the Euro and Pound in the long term. The currency that should rise against all three is the Chinese if allowed to float. I suspect that the UK will be in a similar situation that the US is in now so the time spent being at an even valuation with the Euro mabe short.
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The Euro is proabably heading towards a state of being at a 1:1 valuation versus the Pound but I believe that the USD will appreciate against both the Euro and Pound in the long term. The currency that should rise against all three is the Chinese if allowed to float. I suspect that the UK will be in a similar situation that the US is in now so the time spent being at an even valuation with the Euro mabe short.
Mar 30 18:30 pm
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All Comments by Jason Mark »Time To Short the British Pound? [View article]