Whats happening to the pound?on October 10, 2016THE pound plummeted in Asian trading and no-one really seems to know why. Did a trader make a mistake? Did the computers go haywire? And where will the pound go next? What actually happened?: Overnight the value of the pound fell dramatically. It was briefly down 6%, hitting a value of $1.18 against the dollar at 7:09am in Hong Kong (00:09 in the UK). The British currency has been on a downward … [Read more...] about Whats happening to the pound?