Will the British Pound Rally Continue? Is Discussed By Jason Fielder In The Current Absolute Wealth Newsletter


Austin, TX. (PRWEB) February 08, 2012

Recently the British Pound has moved to a 10 week high against the U.S. Dollar, explains Jason Fielder in the Absolute Wealth newsletter, and this trend is catching a lot of attention. Jason Fielder is an investment expert that shares experience and tips in the Absolute Wealth newsletter to help people make informed choices.

While the British Pound is holding its own as a strong currency, Jason Fielder advises to remember that the Great British Pound is strongly tied to the Euro currency. Since the Euro keeps slowly gaining in strength, that also has helped to boost the Great British Pound, explains Jason Fielder in the current Absolute Wealth newsletter. The demand for the U.S. Dollar has also declined as more traders begin to think Europe will pull out of their debt crisis, reveals Jason Fielder. This means the U.S. Dollar is much less appealing as a safety net, says Jason. The gain in risk appetite among traders does not mean the Euro itself is seen as a great bet yet, so that makes the Great British Pound a natural place for traders willing to stomach a little risk, explains Jason in the recent Absolute Wealth newsletter.

The European Union is firmly committed to getting their debt issues under control, explains Jason in the Absolute Wealth newsletter. From private investors willing to take some loss on early Greek debt, to the European Central Bank (ECB), there are many groups invested in seeing the Euro make a full recovery, reveals Jason Fielder in the current Absolute Wealth newsletter. As the debt issues get under control and the economies of the European nations continue to improve, there are no reasons to believe the upward trend will not continue writes Jason Fielder in the newsletter. If the European Union continues its recovery this should be good news for both the Euro and the Great British Pound, reveals Jason Fielder in the Absolute Wealth Newsletter. These actions may draw support away from the U.S. Dollar as traders move from the safe haven of the U.S. Dollar over to play on the rising values that the Great British Pound and Euro would be showing.

The Absolute Wealth newsletter is published to provide current information to help people make informed choices about their financial future.

###







More European Central Bank Press Releases

Tags: , , , , , , , , , ,

Comments are closed.

CIGI Experts Outline Prescriptions for Cannes Summit and Beyond in Special Report on G20 Issues

Waterloo, Ont. (PRWEB) October 20, 2011 With a possible euro zone collapse and Greek insolvency likely to dominate the upcoming [...]

Pathways Home Health and Hospice Satu Johal Receives CFO of Year of the Year Award; Silicon Valley Business Journal Honoree

Sunnyvale, California (PRWEB) December 02, 2011 Satu Johal, CFO at Pathways Home Health & Hospice, received the Silicon Valley Business [...]

Latest Financial Regulation News

Working Together Towards Better Financial Regulation and Stability in Asia Image by Asian Development Bank Tellers attend to clients in [...]

European financial regulation – 4 questions to Olivier Garnier (Societe Generale)

Olivier Garnier, Chief economist at Societe Generale Group, expresses his view on European financial regulation and its reform. Video interview [...]

AMS Health Care Mortgage Corporation Provides Debt Service Savings to Hospitals Utilizing FHA 242 Mortgage Insurance Program

Jacksonville, FL (PRWEB) August 30, 2013 An oft-overlook and relatively unknown federal program for hospitals seeking capital for needed and [...]

Vermont’s Captive Insurance Industry Off to Best Start Since 2005

Montpelier, VT (PRWEB) April 16, 2012 First quarter licensure of new captive insurance companies is off to a strong start [...]