LONDON (AP) — The British currency has taken a plunge, sliding against the U.S. dollar to touch an all-time low. It’s a sign of the alarm in financial markets over new Prime Minister Liz Truss’ ...
The British pound plunged to a record low against the U.S. dollar Monday. It happened after the British government announced it would cut taxes and invest in industry in order to boost growth. The ...
An alert just went off in my calendar. “Start looking to short the British pound”, it says. Why would one short strength? Sterling has been very strong over the past few months (mainly due to higher ...