Speculators In the British Pound Unmoved by the Heightened Stakes for Brexit

As I wrote in “Forget The Yuan – The Devaluation Of The British Pound Is Breathtaking,” I was eager to see how speculators would respond to the setting of a date for a referendum on “Brexit” and the subsequent stated support for Breixt by London’s Mayor. These vents heightened the stakes for Breixt; they sent … Read more