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Jump in pound after poll close reflects ‘new confidence’ in Britain

Sky News Business Editor Ticky Fullerton says the jump in the British pound immediately after polls closed for the United Kingdom election today reflects a “new confidence” in Britain.

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George Soros Breaks up with [MU] Stock, Boosts [AMD] Stock Instead

Legendary hedge fund guru George Soros has made some intriguing chip stock moves in the second quarter. He swapped out Micron (NASDAQ:MU) for rapidly-rising chip stock Advanced Micro Devices (NYSE:AMD) – despite Micron’s robust chorus of Street supporters. Not that Soros can’t afford to take a risk. The 88-year old Hungarian-American has a personal value […]

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Take profits now if you're long on the British pound: Citi

Shyam Devani of Citi says investors should wait for more clarity on Brexit before trading the British pound. For now, he is “absolutely neutral” on sterling, he says.

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