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Breakingviews TV: Pound foolish

Wednesday, April 03, 2019 - 03:30

As Brexit goes down to the wire, currency traders are backing off big directional bets on sterling. That makes sense. Yet movement in the options market suggests that clarity on Britain’s relationship with the EU, when it comes, will bring huge swings. Swaha Pattanaik explains.

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As Brexit goes down to the wire, currency traders are backing off big directional bets on sterling. That makes sense. Yet movement in the options market suggests that clarity on Britain’s relationship with the EU, when it comes, will bring huge swings. Swaha Pattanaik explains.

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Breakingviews TV: Pound foolish

Wednesday, April 03, 2019 - 03:30