Pound May Go Higher After Truss Resignation: Wells Fargo

The British pound is likely to see a temporary increase in volatility following the resignation of Prime Minister Liz Truss, before markets start to “calm down a little” in the coming months, Wells Fargo’s head of currency strategy, Nick Bennenbroek said on “Bloomberg Surveillance.” Michael Purves, Tallbacken Capital Advisors CEO, also speaks.

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