Whats happening to the peso boys and girls, has it ground to a stop do you think or is there more to come
Whats happening to the peso boys and girls, has it ground to a stop do you think or is there more to come
Two ways of looking at that questions Steve IMHO
Global balancing....Government bonds......currency markets....and US tapering policy.
The Peso was artificially strong and needed balancing anyway.
The UK economy is currently in growth. All positive for us
It's hard to see how the £/Peso rate can continue to improve ........unless Janet Yellen at the Fed decides to vary the policy.
Well, apart from that, lets not forget that all the major banks have been at it.
Manipulating currencies, that is. Completely illegal.
And lets include the the oldest central bank in the world - the Bank of England.
In other words when true global corruption and criminality rule the roost nothing is predictable.
No offence intended. Just ranting.
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