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SoftBank Sends GBP/JPY Sharply Higher. Foot-Up For FTSE?

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 18, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    As the saying goes, 'fortune favours the bold' and this represents the first major M&A deal for the UK post-Brexit vote. Given the deal will be all cash apparently it may also go some way to explaining the price action in both GBP and USD/JPY (and thus GBP/JPY), last week.[​IMG]

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