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Currency markets roiled when U.K. Prime Minister Theresa May proposed a “Hard Brexit,” but eased when May agreed to a Parliamentary debate.
For the past week, it certainly has been a roller coaster ride for the British pound. The U.K.’s currency plummeted to new depths last Friday, Oct. 7, only to rally on Wednesday, Oct. 12, as U.K. Prime Minister Theresa May promised there would be a “full and transparent” parliamentary debate before the government triggers Article...
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