It’s been so quiet – I reckon one quarter of the European FX market is down at its chalet in Verbier for the Tour de France and another quarter was doing L’Etape du Tour this week – it was good to see a bit of action in the English pound/Scottish pound market. Normally this inactive cross trades at 1.00/1.05 – Scottish notes are always discounted because they are hard to use south of the border – but the offer moved out after the University of Glasgow published an analysis of Scotland’s GDP.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
