Hi John,
Like Phillip I still don’t get the distinction between our posts yesterday but I’m not the adjudicator so will say no more than what has already been said.
Going back to the original post of currency watching can anyone explain why the GBP gained a couple of cents over the last few days on the anticipation of a well flagged raise in interest rates, only to lose (at the moment) over two cents once that raise is actually confirmed?
Dare I speculate and say someone is taking their profit. It truly is a dark art.
Dave
