That’s what happens..........pound rises and the ftse and Dow go down. Pound drops and the ftse and Dow rise.
Sad day when people who claim to want what is best for the UK are prepared to do so much damage. BJ, Davis and Co. looking after themselves as usual with fcuktheuk actions. No surprise pound down against other currencies again today. Common ground for both sides here has to be bewilderment at the fuckwittedness of our politicians.
Most remainers are nimby's Let me make some guesses then explain them Imagine the mass that is the eu and then the strong Islands of the U.K. that bexiters want it to be When offered the choice between a communual living development , run by a management company that over charges and even though you pay their wages, they have become an authoritive body. They listen to you with a disdain but no matter how much money you put into it, the service and management charges mean your future is not your own Then imagine You have the ability to buy your own home, spend your own money on your own future, no management or service company to answer too and you have the freedom to decide your own destiny. Now given a choice most will choose the latter Now apply that to brexit and some of the better off who seem to be the majority of the remainer camp are in effect saying fuck you jack, pull up the drawbridge, I'm okay, I don't wan't brexit in my back yard. You have become political nimby's
It's currently sat at 1.13 vs the € which is where it's been for a considerable amount of time. 1.33 against the dollar, again broadly where it's been all year?
The pound might also have dropped as May has finally been honest and admitted Brexit was always spelled as r-e-m-a-i-n and they see opportunity slipping away? but agree with dam, it's about where it has been for ages
Thats more than 17m of the UK population then. I listened to an excerpt of May's speech. Out of the EU. No more funding EU. No customs union. Deals we want, n our terms. etc etc. Entirely the opposite to what Davis and co have said. No wonder its confusing for us plebs. Easy for some of you intellectual elite on here, but for the rest of us, confusing.
The pound has indeed been hovering around €1.13 but vs the dollar it’s been between $1.35 and $1.41 this year so it has dropped a fair bit there.
All linked to political stability. Trump is in a strong position now. Frau Merkel might end up being kicked out. T. May might follow shortly. Interesting to watch 10 years changes £ vs $ also £ vs Euro and $ vs Euro. https://www.xe.com/currencycharts/?from=GBP&to=EUR&view=10Y All can be clearly linked to political changes.
but not exclusively, oil is a good example where supply and demand allow price fixing so will see ups and downs I hope May it out soon, given she seems unable or unwilling to stand up against the eu but has no trouble overturning a clear mandate
They interviewed a member of the 1922 club this morning. No surprise if they do have a VONC given his response.