Tag: CurrencyShares British Pound Sterling
How to profit from the falling pound sterling: Buy put options on FXB
Published on April 29, 2008
by Ian Cooper
Baltimore — (TFN): We’ve all heard about the severity of the UK economic situation. But that’s what you get when you’re dealt a severe credit crunch, a crippled housing market, and a cutback in consumer spending.
It was November 2007 when the Bank of England’s chief economist warned that the effect of the credit [...]