Friday, December 23, 2005
Sterling and the interest-rate differential
Posted by David Smith at 11:30 AM
Category: Thoughts and responses

Many people are concerned about the currency implications of the UK-US interest rate crossover. Here's a link to the piece I did on this a few weeks ago, since when sterling has actually strengthened a little against the dollar. I'll revisit this soon. In the meantime, Christmas greetings to all.