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What Next After Sterling Collapse?
After Cable’s apparent flash crash Friday, analysts are trying to determine what caused the move and the broader impact that it could have. In a special note put out Friday Australian-based hedge fund Hunter Burton Capital says the sterling moves are being attributed to comments made by French president, Francois Hollande, about Brexit. “There must be a threat, there must be a risk, there must be a price, otherwise we will be in negotiations that will not end well and, inevitably, will have economic and human consequences,” commented Hollande.

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