British pound falls to 1985 lows. Time to buy?
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Since our last episode, the US dollar has rallied against almost every other G10 currency, with the sole exception of the Swiss franc, which has benefitted from the hawkish turn from the Swiss National Bank. The main theme in markets has been one of risk aversion, as investors and economists pencil in weaker global growth during the remainder of 2022 and into next year.
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