It’s a hectic time to be a currency trader, especially if you're betting against sterling.
The turmoil on the markets - the pound hitting a 30 year low against the US dollar, while plunging towards parity with the euro - kicked off during last week's Conservative party conference.
Normally a currency crisis prompts decisive reaction from government; but from this, despite the pound losing 20 percent of its value against the dollar, and 15 percent against the euro since June, ther...
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Already a member? Login hereBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.