FXStreet
Our best understanding of yesterday’s Pound Sterling (GBP) sell-off is that the global bond market sell-off touched a raw nerve in the gilt market and that then the gilt spread widening prompted investors to cut back on overweight GBP positioning, ING FX analyst Chris Turner notes…
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GBP exceptionalism under pressure – ING
Leigha Lupo
15:19
Our best understanding of yesterday’s Pound Sterling (GBP) sell-off is that the global bond market sell-off touched a raw nerve in the gilt market and that then the gilt spread widening prompted investors to cut back on overweight GBP positioning, ING FX analyst Chris Turner notes…
