Daily Archives: October 15, 2009




UK is the bridge between US and EU. UK tends to share a more common set of views with the United States. In the present financial crisis, both the US and UK government had worked closely to avoid a meltdown in the capital markets. Economically, the United Kingdom is more free-market oriented than Europe. However at the same time, given its history and its geography, the United Kingdom cant totally disassociate itself from Europe. The upshot is a currency that is affected by politics at home and on the two continents to which its destiny is so closely related.

Currency Profile Of British Pound (Part III)