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Pound experiences unprecedented stability in the UK

2024-02-29 00:00

The FX market is currently experiencing a period of remarkable calmness, with the Pound displaying an unexpected level of stability. According to Joseph Capurso, Head of International and Sustainable Economics at Commonwealth Bank, "Implied volatility is particularly low in GBP, at close to the lowest in the past thirty years." This stability marks a significant shift from the Pound's

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