The Euro’s attempt to push back below 1.20 to the pound can be interpreted in a number of ways, however, the short selling frenzy surrounding the European sovereign debt fiasco, and the markets anticipation of the
Short selling by default requires traders to buy back once they believe a currency has run its course. A lower profile for
The market will either acknowledge that Chancellor Osborne is tackling our debt issues head on, and applaud him by buying into UK plc. Or we could be sidelined as economic area struggling to generate sustainable improvement in manufacturing, retail and private sector investment.
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