Markets shrug off UK euro debate
MARKET NEWS
LONDON -- The debate over when the UK will join the euro intensified in the UK media last week, but FX markets remained unimpressed.
FX traders largely side-stepped the debate, inspired by UK prime minister Tony Blair’s statement that it would be "crazy" for the UK not to join the eurozone. And neither sterling nor euro saw any major volatility.
"A lot of players have already priced in UK Emu [Economic and monetary union] entry," said one FX trader at a UK bank in London. "Markets aren’t really
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