Sterling to Tumble If UK Is Downgraded: HSBC

A downgrade next year for the struggling U.K. economy could put the British pound under severe pressure, the head of foreign exchange strategy at HSBC has warned. According to David Bloom, sterling, as the British pound is known, would be particularly vulnerable if perceived risk in Europe and the U…

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Sterling to Tumble If UK Is Downgraded: HSBC

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