by Chris Becker
What was that quote about “fighter pilots make movies, but bomber pilots make history”? It seems referenda may make good headlines, but its currency markets that move the real world.
Last night’s independence vote for Scotland is looking set to be a “No” (or Nein Nein Nein, depending on your view!), according to exit polls – but the recent move in Cable (GBPUSD) and its crosses showed this result was baked in before the polls even opened.