How the Scottish independence drama worked out for us. Scotland votes No and stays in the union

Daniel Weston

Aimed Capital

How the Scottish independence drama worked out for us. Scotland votes No and stays in the union. The polls suggested a close call but in the end it was a strong turnout and 55% victory to stick together. Since a standout poll (done by a newspaper who I guess then sold a lot of newspapers - job for a poll auditor?) that indicated a swing to a Yes vote two weekends ago, the market had largely factored in a No and the Pound has been rising leading in to the actual referendum. The currency market guessed right, with the Pound moving higher leading in to the voting day and then as the votes were being cast, right up to the moment of the announcement. Then it sold off again, a perfect buy the rumour, sell the news price action unfolded. Read more here... (VIEW LINK)

Daniel Weston
Daniel Weston
Chief Investment Officer
Aimed Capital

Running the Aimed Global Alpha - Macro Hedge Fund. Aussie. Trader. Investor. Coder. Cricketer. Skier. Surfer. Flyer.


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