Friday, October 7, 2016

Pound tumbles after flash crash

Markets editor Mike Mackenzie on stories to look out for on Friday, including the pound’s tumble from $1.26 against the dollar to $1.1821 in two-minutes in Asia, gilt yields are rising and UK shares are under pressure.

In early Asia trading, the pound fell 6 per cent before recovering some of its losses.
Pound plunge in 60 seconds




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