GBP stronger/EUR weaker ... Why if UK banks most exposed to UAE?

Discussion in 'Forex Trading' started by Bok, Nov 27, 2009.

  1. Bok

    Bok

    Anyone understand why GBP showing signs of greater strength today viz a viz EUR, given that UK banks are the most exposed in Europe to UAE debt crisis?
     
  2. just21

    just21

    80 bn is small beer these days.
     
  3. GBP is not really showing strength against the euro, EURO/UK-Sterling is pretty stable today. They are both falling against the dollar.