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Pound Falling to Parity-An Idea That's taking hold.
“Sterling slid almost 7% in the past three months, the worst performance among major currencies, to about $1.2140 on Thursday.”
Don’t tell me that Johnson and his hedge fund mates don’t want this
bloomberg.com/news/articles/…
“Sterling slid almost 7% in the past three months, the worst performance among major currencies, to about $1.2140 on Thursday.”
Don’t tell me that Johnson and his hedge fund mates don’t want this
bloomberg.com/news/articles/…
2/. BlackRock’s Harrison, who has had a short position in the currency for more than two months and is also using option strategies that benefit from an increase in volatility
Even if Brexit was reversed in Oct they could still make money as the value of the £ would bounce back
Even if Brexit was reversed in Oct they could still make money as the value of the £ would bounce back
Johnson talks up No Deal knowing full well the markets will fall.
All his mates know it too. Keep shorting the £.
Devalues it for the rest of us who therefore pay more for everything.
Reverse it and it increases in value. If you know when, traders can go long.
All his mates know it too. Keep shorting the £.
Devalues it for the rest of us who therefore pay more for everything.
Reverse it and it increases in value. If you know when, traders can go long.
Turmoil -chaos is good for hedge funds, (not so much for other financial institutions) -escaping EU regulation, ending central bank QE, and returning to a more chaotic economic system in which they can make money by shorting the market
READ MORE HERE.
READ MORE HERE.
Then this drops into my timeline.
And this. Just look at the performance of the £ against the EU, just before a referendum was confirmed
