Despite an economy that is sinking deeper in recession, British Pound has done quite well against the euro. One of the causes is the uncertainty about eurozone due to the Greek crisis.
As Greece grapples with her debt and insolvency issues, the number of alternatives available to her is decreasing. One alternative is that she [...]
US dollar has been a good indicator of risk-off/risk-on trade for quite some time. Whenever investors become unsure of the economic conditions and when the fear level increases they flock towards US treasuries and US dollar. In the currency domain, Swiss Franc and Japanese Yen trump dollar’s safe haven status and they normally go up [...]