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The FTSE 100 recovered, mostly because GBP lost out against the dollar. There was a bloomberg chart a few weeks back, comparing the FTSE in USD versus the FTSE
by octo_t 10y ago
The FTSE 100 recovered, mostly because GBP lost out against the dollar. There was a bloomberg chart a few weeks back, comparing the FTSE in USD versus the FTSE in GBP and the difference was striking.
Take away lesson: markets are complex...