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Forum: Australia
Aug 8th 2011, 1:08 pm
Replies: 358
Views: 48,601
Posted By Kalenge

Re: Pound = $ 1-64

I expect they are talking in terms of Europe with respect to being one of the few countries to get it's house in order ... and yes the pound would be a safer bet than the Euro.
Forum: Australia
Aug 8th 2011, 12:37 pm
Replies: 358
Views: 48,601
Posted By Kalenge

Re: Pound = $ 1-64

Not really the pound that is strengthening at this point or seen as a safe haven - it's more the fact that the Aussie $ has weakened with the safer investments slightly not as "safe" as before.
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