These sharp swings in currencies reflect the strong influence of political risk on foreign exchange markets, says Nicholas Spiro. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Wild swings in global currencies show volatility is alive and kicking

Dollar has been biggest casualty of White House Russia scandal, buoying the euro more than 5.5pc since mid-April, while the yuan has proved remarkably stable

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These sharp swings in currencies reflect the strong influence of political risk on foreign exchange markets, says Nicholas Spiro. Photo: Reuters
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