FX comment: PR puffery has shock news

Our inboxes have been filled to the brim over the last few weeks with guff from every ‘expert’ around, all wanting to give their informed opinion on the state of sterling.

I’m no economist, but isn’t this just a case of: crashing economy + accelerating debt + hung parliament = bad times for sterling? Still, we love a PR that sends us an eloquent statement of the obvious.

Run for cover! Sterling is a ticking time bomb, says Simon Brown, CEO at ProSpreads: “With the election looming it’s all eyes on sterling. As always at this time of the election cycle much of the attention amongst global FX players is towards sterling.

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