Bloomberg
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Traders are preparing for the pound to fall by as much as 8%, Bloomberg reports. The pound is under pressure as government borrowing costs rise (see our market report at 10.17am). As markets opened this morning, the pound headed towards the $1.21 mark, the lowest level since November 2023. Bloomberg says: “There’s sizable demand for contracts that…
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Investigators at the U.S. Commodity Futures Trading Commission’s enforcement division have concluded that the co-founder of Voyager Digital broke derivatives regulations before the failed crypto lender plunged into bankruptcy last year, Bloomberg News reported on Friday. The regulator intends to accuse Stephen Ehrlich of breaking its rules by misleading customers about the safety of their assets following…
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