Comments on: Better public finance data may be sterling Trojan horse http://blogs.reuters.com/great-debate-uk/2010/03/19/better-public-finance-data-may-be-sterling-trojan-horse/ Wed, 16 Nov 2016 01:37:11 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Raymond Chadwick http://blogs.reuters.com/great-debate-uk/2010/03/19/better-public-finance-data-may-be-sterling-trojan-horse/comment-page-1/#comment-10517 Mon, 22 Mar 2010 18:30:44 +0000 http://blogs.reuters.com/great-debate-uk/?p=6602#comment-10517 I agree totally with p savage’s comments. I reside within the Euro zone and can assure you that in terms of general economic activity the level is far below that of the UK. Unemployment is rising , the banks are not lending and general fiscal policy is in chaos.
I have never accepted the premise of having a united currency minus united fiscal policies. for now keep the pound sterling and eventually its true value will appreciate.

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By: p savage http://blogs.reuters.com/great-debate-uk/2010/03/19/better-public-finance-data-may-be-sterling-trojan-horse/comment-page-1/#comment-10465 Fri, 19 Mar 2010 17:45:35 +0000 http://blogs.reuters.com/great-debate-uk/?p=6602#comment-10465 What I fins amazing is that the currency markets have not picked up the fact that every time there is a bit of good news and sterling rises someone from the B of E makes a comment to knock it back down again! I have watched this for months and can trade on the predictability of it. The value of sterling is being manipulated.

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