Wednesday, March 13, 2013

Safe Haven Currency: Pound Sterling Gripped by Recession Fears, US Dollar is The Only Serious Reserve Player

Safe haven currency Pound Sterling gripped by recession fears, Pound falls to a two and half year low after poor industrial and trade data reminded investors of the divergent nature of the UK and US economies

Stars align for big dollar bull run, The rise in the safe haven currency US dollar is attracting more foreign investors who are wanting to own US assets that generate additional currency gains

Save haven currency US Dollar is the only serious reserve player, With the advantage of deep markets and recovering growth, the dollar's pre-eminent position as the world's main reserve currency remains

Meanwhile, Stocks struggle for traction, Stocks are mixed as bull run that has taken many equity barometers to multiyear or, in some cases, record highs endures one of its periodic pauses

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