As this chart shows, sterling has just gone through 18 months of value stability against the dollar and the euro. That’s actually quite a long time. With everything happening now in Euroland and the USA going up against the wire on lifting the debt ceiling, I just wonder if the pound might be due for a long-anticipated recovery?

This entry was posted on Saturday, July 16th, 2011 at 7:25 pm and is filed under Currency, Eurowatch. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.