The following article is a fascinating read http://www.bbc.co.uk/news/business-24486685 I wonder if such deals will materially affect the value of the US Dollar in the future and end the Dollar as the Global reserve currency. Investors looking for international diversification in their portfolio of investments should always be aware of the adverse impact of currency movements for Sterling domiciled can have. It is important that portfolios are reviewed regularly both by the client and with an investment professional such as an Independent Financial Advisor.
This information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.