How to profit from the falling pound sterling: Buy put options on FXB

April 29, 2008 · Filed Under International Investing ·

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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 [...]

Tags: 60-second buzz, Bank of england, british pound, credit crunch, CurrencyShares British Pound Sterling, FXB, housing, Ian cooper, sc trading pit, Today’s Financial News, UK economy

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How to profit from the falling pound sterling: Buy put options on FXB

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