Sterling Recovery

Published / Last Updated on 16/06/2010

Sterling Recovery

Fund managers seem to be of the opinion that Sterling will bounce back this year from its current weak position.

Sterling has actually climbed 4.7% over the Euro during 2010 but it is still lower against both the Euro and Dollar.

Sterling is the cheapest currency of all major economies and the election on the 22 June could see a turnaround. A strong budget will mean confidence in a strengthening economy.

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