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Funds Bet Against Pound at Levels Last Seen Before Brexit Vote

  • Asset managers stake biggest short position since spring 2016
  • Mizuho, CIBC see deeper decline toward $1.30 in coming weeks
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Johnson Says U.K. Faces 'Tidal Wave' of Omicron Cases
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There’s more trouble brewing for the pound after U.K. Prime Minister Boris Johnson warned of a coronavirus emergency.