Word: frothing
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Dates: during 2010-2010
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...parliament might be expected to cause the venerable currency to collapse. And while it's true that speculators are adding to the pressure on sterling - the value of short positions on the pound rose to more than $6 billion in the week prior to Feb. 23 - they remain "the froth at the top," insists Simon Derrick, head of currency research at Bank of New York Mellon in London. (See pictures of London...