September 9, 2014
So far it’s only FX getting buffeted by the Scottish Independence vote and the possibility of a split.
The Scottish independence movement got a big boost this weekend when a YouGov poll put the Yes vote ahead of a No vote. While a split would have wide-reaching implications, investors have been mostly sanguine about it. That is with the exception of the FX market, where the British pound has been, well, pounded....