brexit FX Markets pound theresa may

‘Witching Hour’ FX Brexit Prep Conjures Ghosts Of Flash Crashes Past

Fragility and such.

Fragility and such.
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1 comment on “‘Witching Hour’ FX Brexit Prep Conjures Ghosts Of Flash Crashes Past

  1. All the short term uncertainty will be lousy for the pound. But if the vote leads to a second referendum, isn’t it likely that the UK will stay in the EU?? And if so, that should be positive for the pound. With UK equities so beaten up, if there is a decent chance that the UK will stay in the EU, might that be a buying opportunity?? I understand it may take days or weeks to figure out if there will be a second referendum. But if it happens, I think all the voters who supported Brexit without even knowing what the EU is, have now received a bit of an education. If there will be a second referendum, I think it would make UK investment tempting, at least on a relative basis.

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