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Future of British Business

Pound-Dollar Parity Now a One-in-Four Chance, According to Options Bets

  • Sterling drops toward $1.10 handle and bearish wagers pick up
  • UK bonds plunge at the prospect of more fiscal stimulus
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Summers Calls UK Fiscal Policy 'Naive Wishful Thinking'

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Can the pound reach parity versus the dollar? It’s now a one-in-four chance when it comes to options pricing.