Correct to describe the position of the pound at the moment as "between two fires." It is not damaged and the suspect euros, but, nevertheless, that currency has strong financial ties with Europe, because the catch of the flu that has engulfed the PIGS (Portugal, Italy, Greece, Spain) economy. Nevertheless, the pound should not be considered a safe haven currency, although it is interesting that the currency was yesterday around the Swiss franc. A pair of EUR / GBP is now below 0.8440, just a month ago it was at around 0.89. There is no doubt that Britain's economy will depend on developments on the continent, and the forex market has started to assess the risk premium in view of eventfulness. Time will tell how high should have been the awards.
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