The Pound – Worst Performing Currency Last Week

EUR/GBP     £0.8274 The pair EUR/GBP is quite unstable at the moment. Right now, the Euro is gaining strength and is trading at £0.8274. GBP/EUR     €1.2082 The Pound was said to be the worst performing currency last week. However, it has a great advantage ahead of its counterparts, which is that the UK is not a member of the Euro Zone. Such independence allows the country to control its own monetary policy, and is more flexible when it comes to shifts in market trends that are deepening the Euro crisis. Still,…

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