Pound’s Most Vulnerable Moment Is Two Months Away, Citi Says
Citigroup Inc. thinks it’s too early to sell the pound now, instead targeting a weaker currency in the second quarter when it sees a ramp up in political risks coinciding...
By Naomi Tajitsu · Bloomberg Markets
Citigroup Inc. thinks it’s too early to sell the pound now, instead targeting a weaker currency in the second quarter when it sees a ramp up in political risks coinciding with interest-rate cuts for a “double whammy” blow.