IKN

Hereditary sloth instructs me

Charts of the day are….

…..the British Pound (GBP), weekly and daily views.

Here’s the weekly:
And here’s the daily:

What if there were a major world currency that wasn’t part of an area dragged down by PIIGs and could be used as a decent yardstick against the US dollar? What if that currency’s controlling government had just announced a whole batch of austerity measures and raised taxes on its population, squeezing every last drop out of a supine race too obsessed about a crap sports team to make much of a fuss? Can you think of a currency that might fit the bill?

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