The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

RBS responds to Rogers: An open letter to Jim Rogers

Clearly I wasn’t the only one puzzled by Jim Rogers’ prognosis on the UK prospects. My view is that his comments would have had far more validity if he’d told us all to short cable when it was above 2.10, not below 1.40.


The Royal Bank of Scotland’s David Simmonds (its head of FX and emerging markets strategy) and Ross Walker (its UK economist) were also baffled and felt moved to write an open letter to Rogers that articulated their opinions far more intelligently and eloquently than my mini-rant


The letter is below: 


 


 




We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree