after a major rally since march 2009, the market

来源: 驭风而行 2010-05-17 01:39:24 [] [旧帖] [给我悄悄话] 本文已被阅读: 次 (293 bytes)
is due for a correction, resulting in risky assets being unwound and funds flowing into us dollars, hence the sterling depreciation against the usd, while the rmb is pegged to the usd...

one may expect some rebound in the sterling (vs us dollars) after the correction...

imho. ;p
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