George Soros May Revisit His Famous British Pound Short
Shorting the yen has earned George Soros more than $1 billion in profits since November. Now Soros has set his sights on the second-most-shorted currency in the world - the British pound. And he may have company, as the Financial Times reports: Along with Soros Fund Management, Tudor Investment Corp., Caxton Associates and Moore Capital - some of the best global macro traders - "see similarities in UK's predicament to that of Japan" and are interested in shorting the pound. This adds to worries about the pound, which has already fallen 5% this year. And with exports falling, productivity
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