A recent piece in the Financial Times this week reveals the declining role of the British Pound and how it looks more like an emerging market’s currency. It argues that the decline in the pound’s role in the international financial system reflects the small and shrinking UK economy.
This is nothing new, however it reflects yet another episode in the steady decline of the Pound’s influence and role on the global stage. Global Britain after…
The post The Rise and Fall of a Major Currency appeared first on Vantage Point Trading.
No comments:
Post a Comment