What's Behind the British Pound's Flash Crash

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Business, Social Studies
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University
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Hard
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What factors contributed to the significant bid-ask spread in sterling?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How did the Asian time zone affect the liquidity of the pound compared to the European time zone?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the significance of the term 'flash crash' in the context of the pound's recent market behavior?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What role did banks play in the currency markets before the global financial crisis, and how has that changed?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
In what ways might Brexit impact the Bank of England's policy decisions regarding inflation?
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