ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Sterling morphing into emerging-market currency before vote
Bloomberg With just over a month until the U.K. vote on European Union membership, investors are increasing treating the pound like an emerging-market currency. While sterling was used as a haven during the European debt crisis, the specter of a Brexit has pushed it to the other end of the spectrum. The correlation between sterling and an index of …
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