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Currency Currents

Currency Currents

Wed, Jul 16 2008, 14:21 GMT

Black Swan Capital

British Pound: Not So Ugly? Not So Fast …

A quick look at the British pound versus the US dollar and you’ve got to be thinking the pound looks like a good buy. And maybe, versus the buck, it is.

British pound versus US dollar:

But here’s series of charts that tell us investors are taking into account the miserable UK fundamentals. It’s just that US fundamentals can’t seem to improve at all ...

British pound versus the Australian dollar:

British pound versus the Japanese yen:

British pound versus the euro:

British pound versus the Swiss franc:

Financial markets are getting messy. There may be some British pound trade opportunities to consider.

Regards,

Black Swan Capital

• Black Swan Capital Currency Snapshot -- 7/16/2008

Published on  Wed, Jul 16 2008, 14:25 GMT

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Black Swan Capital LLC  | 2161 SW Racquet Club Drive Palm City, Florida 34990
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