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Veksler: How I'm trading panicky markets
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Despite big falls in global equity markets again this Friday, London based trader Ken Veksler says there's no panic on the FX markets, at least not yet. The MD of Accumen Management tells us that China is a concern nevertheless and he's taking advantage of the weaknesses in commodity currencies.
He sees particular strength in sterling and is looking at relative value plays against the Aussie and Canadian dollars. And he discusses whether China could be the catalyst that could cause more market turmoil.