Sterling At Risk Of “Large-Scale Devaluation” As Currency Wars Intensify - InvestingChannel

Sterling At Risk Of “Large-Scale Devaluation” As Currency Wars Intensify

As central banks tolerate higher levels of inflation, the pound is set to weaken further across the board particularly against safe haven gold. Today’s AM fix was USD 1,613.50, EUR 1,208.80 and GBP 1,041.57 per ounce. Yesterday’s AM fix was … Continue reading