Although the pound has declined by about 10% from its peak of $1.70 last September, sterling weakness has simply reflected the dollar’s strength. In the same period, sterling has risen almost 10% against the euro, while British share prices have hit all-time highs and government bonds have generated better returns in Britain than in the United States, Germany, or Japan.
关于这一点，最明显的证据要数金融市场。尽管英镑汇率自去年9月的合1.70美元贬值了大约10%，但这完全是美元强势的结果。与此同时，英镑对欧元升值了近10%，而英国股价正处于历史最高水平，英国政府债券的回报也高于美国、德国和日本。