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Scotland Referendum: what the betting odds imply for GBP/USD
GBP/USD is shaking, rattling and rolling on any news related to Scotland. BOE Governor Mark Carney, who was previously the king of pound volatility, only has a temporary impact, despite some interesting statements. Pound trading is dominated by headlines regarding the referendum on Scottish independence, due on September 18th. As Brits are certainly fond of betting, the collective wisdom of the betting companies has a critical mass that can help understand the mood (but certainly not the outcome). This information can also be useful in understanding what impact we will see on the British pound, in any of the two ... (full story)