David Coombs: Sterling - where do we go from here?

‘In the know’

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David Coombs: "If May’s deal looks likely to be defeated and there is no referendum, we will reduce our hedges because the risk of a no-deal crash-out rises."
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David Coombs: "If May’s deal looks likely to be defeated and there is no referendum, we will reduce our hedges because the risk of a no-deal crash-out rises."

From the Caribbean to Costa, David Coombs arrived back from holiday just in time for another lurch downward for the pound. Here he explains why currency moves will be crucial to investment returns in January

Checking out of our hotel in the Grenadines a few weeks back, my wife and I were offered to settle in Eastern Caribbean dollars, US dollars or sterling. The sterling/greenback rate offered was $1.15, so...

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