(Bloomberg) -- Investors should buy options to profit from a likely decline in the pound back below $2 next quarter, according to Brown Brothers Harriman & Co.
The pound touched $2.0133 on April 18, the highest since 1981, as quickening U.K. inflation prompted investors to anticipate two more interest-rate increases this year by the Bank of England. The bank's key rate is now 5.25 percent.
Read more at Bloomberg Currencies News
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