{"id":429129,"date":"2010-03-15T05:55:35","date_gmt":"2010-03-15T09:55:35","guid":{"rendered":"http:\/\/www.businessinsider.com\/traders-more-bearish-on-the-pound-than-when-soros-made-a-killing-shorting-it-2010-3"},"modified":"2010-03-15T05:55:35","modified_gmt":"2010-03-15T09:55:35","slug":"traders-more-bearish-on-the-pound-than-when-soros-made-a-killing-shorting-it","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/429129","title":{"rendered":"Traders More Bearish On The Pound Than When Soros Made A Killing Shorting It"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/8f7a6c79388f90497eefe500-400-\/georgesoros-thinking-tbi.jpg\" border=\"0\" alt=\"georgesoros thinking tbi\" width=\"400\" \/><\/p>\n<p>Markets are currently more skewed with bets against the British pound than even when George Soros famously made a killing breaking the Bank of England:<\/p>\n<p><a href=\"&rdquo;http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=afRuL5Yk47as&amp;pos=2&rdquo;\">Bloomberg:<\/a><\/p>\n<p style=\"padding-left: 30px;\">Wagers on the pound weakening against the dollar outnumber futures that profit on a rise by eight times more than when George Soros made $1 billion betting against the currency in 1992, the year Prime Minister John Major&rsquo;s Conservative government was forced to withdraw from the European Exchange Rate Mechanism. Sterling fell 19 percent that year.<\/p>\n<p>One wonders if Mr. Soros shorting the pound, again, as well.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/traders-more-bearish-on-the-pound-than-when-soros-made-a-killing-shorting-it-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-new-british-economy-99p-stores-planning-gigantic-expansion-2010-3\">U.K. Dollar Stores Bullish On Poor Customers And Planning Gigantic Expansion<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/unicredit-great-britain-is-the-next-country-that-is-going-to-be-pummelled-by-investors-2010-3\">Unicredit: &#8216;Great Britain Is The Next Country That Is Going To Be Pummelled By Investors&#8217;<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/scottish-money-managers-lose-faith-in-the-british-pound-2010-3\">When The Spotlight Hits The British Pound, The Rout Will Be Ugly And Fast<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/w_B1XywEjiw\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets are currently more skewed with bets against the British pound than even when George Soros famously made a killing breaking the Bank of England: Bloomberg: Wagers on the pound weakening against the dollar outnumber futures that profit on a rise by eight times more than when George Soros made $1 billion betting against the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-429129","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/429129","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=429129"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/429129\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=429129"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=429129"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=429129"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}