GBP forex volatility
There has been massive volatility in GBP forex overnight. Everybody expected that.
The same thing happened when the UK exited the ERM in 1992... huge volatility (which George Soros famously profited from by betting against the UK government).
Both these events demonstrate how government playing games always creates volatility, especially when they have to exit the game.
The same thing happened when the UK exited the ERM in 1992... huge volatility (which George Soros famously profited from by betting against the UK government).
Both these events demonstrate how government playing games always creates volatility, especially when they have to exit the game.
