Some food for thought for those watching the Pound to Dollar exchange rate (GBP/USD) at the minute.
"Central banks are diversifying at a much faster pace than in previous decades"
Pound-to-Dollar: Giving Up the Ghost
- Category: USD
The Pound to Dollar exchange rate (GBP/USD) is close to capitulating.
"Relative to history, investors are overweight the Euro, bonds, & utilities and are underweight the U.S. dollar"
