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Friday, December 8, 2017

Pound Slides: Traders "Sell The News" As Full Brexit Complexity Re-Emerges

As we jokingly mocked the sterling-trading algos yesterday ahead of today's "big" Phase 1 Brexit announcement, the market had gotten too far ahead of itself in its exuberance that today's announcement was the final Brexit catalyst, when in reality it only sets the stage for the far more complex,...

Pound Slides: Traders "Sell The News" As Full Brexit Complexity Re-Emerges

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