Quote Originally Posted by Terpe View Post
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.

never any offence from you Peter, just straight to the point,