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Research: Gbp Has Two Major Positives


Quotes from Standard Chartered:

-The GBP has two major positives that some competitor currencies in the G10 do not have: favourable valuation and a credible, long-term fiscal plan.

-The GBP nominal effective exchange rate (NEER) fell by over 30% from mid-2007 to early 2009. Since then, it has recovered around 12%, leaving it just under 14% shy of its long-term average since 2000.

Uverejnené: 2012-04-10 14:02:00 UTC+00


See also: Current support and resistance levels
EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
May 25 at 9:48 UTC
 
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