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Distressed IPOs

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Analysis on Sterling's Performance Against the Euro and Market Sentiments

The speaker talks about their long position on Sterling against the Euro, citing the upcoming elections in France and positive market attitudes towards the UK government as factors driving Sterling's recent increase. Speculations are made on whether the market's optimism towards Sterling is due to it being the 'cleanest dirty shirt' or a genuine appreciation for the currency's growth story and UK politics.

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