Traders bulk up on biggest bull position in sterling since Brexit

Capt. John

Speculators have amassed their biggest long position in sterling in dollar terms since Brexit, but untamed inflation and weak growth mean the party in the pound will not last, say hedge funds and their investors. Net long speculative positions reached $4.7 billion as of July 11, the most valuable...

https://www.hellenicshippingnews.com/traders-bulk-up-on-biggest-bull-position-in-sterling-since-brexit/

Leave a Comment