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Pound Parity? UK and Pound Set to Sink.

From acy.com

Both the economy and the currency of Great Britain are under threat of further energy leakage. Being at the end of the line, of any energy trickle from Russia across the continent, and with that reduced supply becoming ever more precious, one wonders just how much will actually land in the UK as the long winter ahead progresses. All of Europe, following a strident summer, are in hope of a warmer than usual winter too. That though, may be harder to come by. One extreme often leads to a pendulum swing to the other. Should Europe endure a typical winter, or worse, things will be tough for everyone. Nations between any ... (full story)

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  • Category: Fundamental Analysis