Some analysts predict that the current account could swing into deficit next year if the global outlook gets much worse.

ECONOMIST: Asia’s rollercoaster rides | The

In Cardiff, Welsh-medium schools are all heavily oversubscribed and the local authority is currently attempting to institute an ambitious city-wise reorganisation plan which takes into account this swing towards education in Welsh.

BBC: Bi-lingual schools thrive in nations

It was the dollar that was losing support, as swing voters fretted about America's current-account deficit.

ECONOMIST: The euro is losing its own referendum