IKN

Hereditary sloth instructs me

Chart of the day is…

…the Euro versus the dollar, and the British Pound versus the dollar:
On reading this morning that GBP at $1.64 was hitting a two year high against the dollar, your humble scribe started poking aorund. Indeed that’s true, but surely the rally we’ve seen in the Euro in the last 12 months, all despite the well-documented (or hyped, depending on your preference) US economic recovery, is more interesting.

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