Scottish referendum momentum shift pounding the pound In recent posts I have eluded to the return of currency price volatility on the horizon and the...

Scottish referendum momentum shift pounding the pound In recent posts I have eluded to the return of currency price volatility on the horizon and the possibility of a political led crisis to shake up the system. With the Euro's swift moves last week on ECB interest rate change headlines and this weekends momentum shifting poll in The Sunday Times on the upcoming Scottish independence referendum, where for the first time a poll has indicated a Yes vote for independence - volatility is back! Like with our Euro trade - we are on the right side of today's UK market moves since opening early this morning. The instant reaction has benefited our portfolio positioning as we are short the British Pound and Long UK 10yr Government bonds. Read more... (VIEW LINK)