"Suddenly, no-one wants to hold euro denominated assets of any variety, and that includes what had previously been thought the eurozone safe haven of German bunds... All of a sudden, the pound is the European default asset of choice. "
Ah yes. That must be why the Euro's collapsing against sterling. Not.
About Time The Term ‘Beverley Lunt’ Became Rhyming Slang…
12 minutes ago