Currency traders have taken a £7bn short position against sterling before Chancellor John Healey's first Autumn Budget, in what one market observer describes as a vote of no confidence in the government's fiscal plans.
Traders Place £7bn Bet Against the Pound Ahead of Healey's First Budget
Currency traders have taken a £7bn short position against sterling before Chancellor John Healey's first Autumn Budget, in what one market observer describes as a vote of no confidence in the government's fiscal plans.
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