Currency trading is notoriously a zero sum game - with no dividend on pounds or dollars, the only way to make a profit is to take value from somewhere else. And some currencies have been on the sharp end of serious losses in the past 12 months as the global slowdown hits currencies functioning as a proxy for the financial health of the countries behind them.
The fall of the rouble in the past few months is a clear example. Since November 10 last year it has lost 24.8% of its euro value (see figu
The week on Risk.net, July 7-13, 2018Receive this by email