As the debt issues get under control and the economies of the European nations continue to improve, there are no reasons to believe the upward trend will not continue...
Austin, TX. (PRWEB) February 08, 2012
Recently the British Pound has moved to a 10 week high against the U.S. Dollar, explains Jason Fielder in the Absolute Wealth newsletter, and this trend is catching a lot of attention. Jason Fielder is an investment expert that shares experience and tips in the Absolute Wealth newsletter to help people make informed choices.
While the British Pound is holding its own as a strong currency, Jason Fielder advises to remember that the Great British Pound is strongly tied to the Euro currency. Since the Euro keeps slowly gaining in strength, that also has helped to boost the Great British Pound, explains Jason Fielder in the current Absolute Wealth newsletter. The demand for the U.S. Dollar has also declined as more traders begin to think Europe will pull out of their debt crisis, reveals Jason Fielder. This means the U.S. Dollar is much less appealing as a safety net, says Jason. The gain in risk appetite among traders does not mean the Euro itself is seen as a great bet yet, so that makes the Great British Pound a natural place for traders willing to stomach a little risk, explains Jason in the recent Absolute Wealth newsletter.
The European Union is firmly committed to getting their debt issues under control, explains Jason in the Absolute Wealth newsletter. From private investors willing to take some loss on early Greek debt, to the European Central Bank (ECB), there are many groups invested in seeing the Euro make a full recovery, reveals Jason Fielder in the current Absolute Wealth newsletter. As the debt issues get under control and the economies of the European nations continue to improve, there are no reasons to believe the upward trend will not continue writes Jason Fielder in the newsletter. If the European Union continues its recovery this should be good news for both the Euro and the Great British Pound, reveals Jason Fielder in the Absolute Wealth Newsletter. These actions may draw support away from the U.S. Dollar as traders move from the safe haven of the U.S. Dollar over to play on the rising values that the Great British Pound and Euro would be showing.
The Absolute Wealth newsletter is published to provide current information to help people make informed choices about their financial future.