Here are the charts for the Euro (calculated retrospectively) and the Swiss Franc against a basket of major currencies since 1990 (click to enlarge). What is quite striking about all the charts I have posted recently (USD, CAD here, GBP, AUD here) is that despite the wild gyrations over the past twelve month, they are all pretty much where they were twelve months ago. The same applies to the Japanese Yen and the Singapore Dollar which I will post next:
What have we wrought in the UK?
2 hours ago
2 comments:
Ditto to the SD and Yen.
Competitive devaluation.
Plot against gold.
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