The UK is trying to get its act together and thus the Pound is strengthing. The UK government announced 25% reduction in government spending over next 4 years. That is right - 25% cut. However, the USD, well, its government is still spending more borrowed and printed dollars; and look at the mess it is in, unemployment continues to climb. No one trusts nor respects the US government.
Why I'm Shifting From the Dollar to the Pound -- Seeking Alpha
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