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Currency predictions
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The UK pound is currently buying roughly US$1.30 and €1.17
The quest is on to find the most accurate amongst us in predicting their future rates, for fun only.
So, what are predicting the exchange rates will be at the end of July 2016? The prize is as yet undecided. That's roughly two weeks of trading to go.
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It might help if I could speak in legible English. Here's a redraft:
The UK pound is currently buying roughly US$1.30 and €1.17
The quest is on to find the most accurate amongst us in predicting their future rates, for fun only.
So, what are you predicting the exchange rates will be at the end of July 2016?
The prize is as yet undecided. That's roughly two weeks of trading to go. |
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By (user no longer on site)
over a year ago
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"Hopefully lower.
You're wanting people to get less $ and Euro for their travels?
Care to make a specific, calculated predictiond Mr F?"
Needs to be lower to boost the economy. |
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By (user no longer on site)
over a year ago
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Tory leadership election could have an effect? I bought €, for my October holiday, before the referendum.....just wish I'd bought loads last October, when it was €1.44 to the £ |
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By (user no longer on site)
over a year ago
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"Hopefully lower.
You're wanting people to get less $ and Euro for their travels?
Care to make a specific, calculated predictiond Mr F?
Needs to be lower to boost the economy."
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By (user no longer on site)
over a year ago
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It will continue to drop at a slower rate while the country is leaderless and no brexit plans are made.
I predict it will start to gain around xmas and back to pre brexit levels in years time.
Bad for savers good for those new trade deals that need to be made with the common wealth /pan asia markets.
Added that the labour party may well divide, and that the tories are in leadership battles with an unelected PM at the end of it, i predict a general election will be early, possible later this year.
Short term prognosis not good, medium term 2-5 years recovery, long term Sterling will be seen to rival the dollar as the trading standard.
First the austerity project has to admit failure and give the population more cash to play with and get economies at local level kick started. All the cash is tied up in too few areas and a redistribution will have to happen.
Mystic Meg out. |
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By (user no longer on site)
over a year ago
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Think it will stay on the low side until we give notice of quitting then after 6 months it will begin to rise and settle about 7 per cent lower than this years highs |
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"It will continue to drop at a slower rate while the country is leaderless and no brexit plans are made.
I predict it will start to gain around xmas and back to pre brexit levels in years time.
Bad for savers good for those new trade deals that need to be made with the common wealth /pan asia markets.
Added that the labour party may well divide, and that the tories are in leadership battles with an unelected PM at the end of it, i predict a general election will be early, possible later this year.
Short term prognosis not good, medium term 2-5 years recovery, long term Sterling will be seen to rival the dollar as the trading standard.
First the austerity project has to admit failure and give the population more cash to play with and get economies at local level kick started. All the cash is tied up in too few areas and a redistribution will have to happen.
Mystic Meg out. "
Buy dollars we have been for a while |
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By (user no longer on site)
over a year ago
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Until the new conservative leader is in office I predict we will continue to see us getting less euros for the pound. Then depending which low life gets in we will continue to see it plummet further. So glad I got my euros before Brexit. You Brexit voting scum have cost us all dearly |
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Some more specific Dollars and cents, and Euros and cents predictions for the end of July. I couldn't count the number of weeks - so I'm not that hopeful for my currency prediction. Currently -
£1.00 = US$1.30 and €1.17
£1.00 = $?.?? and €?.??
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"End of July - 1 USD : 0.7903 GBP
money to be made at the moment
Everyone's predicted the £1.00 conversion so far, so if you could switch it around, it would give a fair chance for you "
1 GBP : 1.2653 USD
First way is glass half full and the above is glass half empty
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By (user no longer on site)
over a year ago
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It may rise a little when the conservatives decide on the new PM, Long term it's going to be 5-6 years before it recovers to pre-Brexit levels. At the moment I'm paid in € into a German bank account so I'm doing ok |
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"Hopefully lower.
You're wanting people to get less $ and Euro for their travels?
Care to make a specific, calculated predictiond Mr F?
Needs to be lower to boost the economy."
We will always be a net importer , glad you want to make a rich few richer
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"It will stay pretty much where it is for a while. It has been artificially high for a couple of years due to the weakness of the Euro and the dollar"
This is not true ?
A good and accurate exchange rate means goods and services cost similar amounts in differing counties
At about 1 40 the euro buys on average the same amount of beer in Europe as it does in the UK
At 160 the same is true of the dollar on average for food and clothes
Where we are now there is huge discrepancy
Its way out of kilter just as when the pound was at parity which did not seem to help the UK much as imports went up cars went up profits went down bye the recession bit hard
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By (user no longer on site)
over a year ago
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"It will stay pretty much where it is for a while. It has been artificially high for a couple of years due to the weakness of the Euro and the dollar
This is not true ?
A good and accurate exchange rate means goods and services cost similar amounts in differing counties
At about 1 40 the euro buys on average the same amount of beer in Europe as it does in the UK
At 160 the same is true of the dollar on average for food and clothes
Where we are now there is huge discrepancy
Its way out of kilter just as when the pound was at parity which did not seem to help the UK much as imports went up cars went up profits went down bye the recession bit hard
"
it is not way out of kilter at all, it is slightly low but not far from where it should be |
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By *abioMan
over a year ago
Newcastle and Gateshead |
It will probably be slightly lower as when the interest rate cut comes (and it will) investers will sell the pounds they have for other currencies...
so i'll guess $1.245 |
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By (user no longer on site)
over a year ago
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Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
People either have short memories or cannot help themselves in their search for negativity over Brexit |
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By (user no longer on site)
over a year ago
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"It will probably be slightly lower as when the interest rate cut comes (and it will) investers will sell the pounds they have for other currencies...
so i'll guess $1.245"
weren't you telling us just 3 weeks ago that a Brexit would mean a rise in interest rates and people wouldn't be able to pay their mortgages? |
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By *abioMan
over a year ago
Newcastle and Gateshead |
"Hopefully lower.
You're wanting people to get less $ and Euro for their travels?
Care to make a specific, calculated predictiond Mr F?
Needs to be lower to boost the economy."
that only tells half a story... well not even half....
it will help exporters..... and in theory it helps tourism as people coming here will get better value for money....
everything else..... erm... not so good...
petrol and diesel and fuel prices in general will go up (they are traded in dollars)
imported stuff will go up...everything from food fruit and veg, clothing, electronics such as computers, TV's, cars, ect.....
your overseas holiday just went up..... fuel prices, plus accomodation and all the pressies you bring back....... |
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By (user no longer on site)
over a year ago
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"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
People either have short memories or cannot help themselves in their search for negativity over Brexit"
Yes, we've been in a recession (so it's been very low anyway). Hardly anything to shout about.
The against the dollar:
2007 - 2.05
2008 - 1.97
2009 - 1.63
2010 - 1.55
2011 - 1.54
2012 - 1.61
2013 - 1.61
2014 - 1.58
2015 - 1.51
2016 - 1.21
I agree that it's hard to tell at the moment until things stabilise but I'm afraid I don't see us being as competitive as we were before the last recession for a long, long time (perhaps ever).
It's realism, not negativity. |
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By *abioMan
over a year ago
Newcastle and Gateshead |
"It will probably be slightly lower as when the interest rate cut comes (and it will) investers will sell the pounds they have for other currencies...
so i'll guess $1.245
weren't you telling us just 3 weeks ago that a Brexit would mean a rise in interest rates and people wouldn't be able to pay their mortgages?"
yes i did... because in theory the next move in interest rates should have been up to combat the rise in inflation which should come with a decrease in the pound....
however the BoE are going
to try and Play it differently... interestingly different
they are going to try and use interest rates to combat the losses of jobs and disincentivise business's from hoarding money away..... that is why osbourne has gotten rid of the 2020 surplus target and when the cut does come the exchange rate will suffer
i can see what carney and the BoE are trying to do... trying to stop a recession coming by making it almost useless for anyone to save money.... so you may as well spend it!
japan tried the same thing where there interest rate at one point for business's was 0%... and to other banks it was -.25%..... |
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By (user no longer on site)
over a year ago
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"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
People either have short memories or cannot help themselves in their search for negativity over Brexit
Yes, we've been in a recession (so it's been very low anyway). Hardly anything to shout about.
The against the dollar:
2007 - 2.05
2008 - 1.97
2009 - 1.63
2010 - 1.55
2011 - 1.54
2012 - 1.61
2013 - 1.61
2014 - 1.58
2015 - 1.51
2016 - 1.21
I agree that it's hard to tell at the moment until things stabilise but I'm afraid I don't see us being as competitive as we were before the last recession for a long, long time (perhaps ever).
It's realism, not negativity."
Jesus Christ. You're really going to make me cry here. |
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By (user no longer on site)
over a year ago
|
"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
People either have short memories or cannot help themselves in their search for negativity over Brexit
Yes, we've been in a recession (so it's been very low anyway). Hardly anything to shout about.
The against the dollar:
2007 - 2.05
2008 - 1.97
2009 - 1.63
2010 - 1.55
2011 - 1.54
2012 - 1.61
2013 - 1.61
2014 - 1.58
2015 - 1.51
2016 - 1.21
I agree that it's hard to tell at the moment until things stabilise but I'm afraid I don't see us being as competitive as we were before the last recession for a long, long time (perhaps ever).
It's realism, not negativity."
depends what you mean by competitive |
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"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
"
Then look from its inception until 2008 , some people have very selective statistics xxx
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30/10/2002 1.583940
31/10/2002 1.582712
05/11/2002 1.561562
06/11/2002 1.561645
07/11/2002 1.559956
08/11/2002 1.566028
11/11/2002 1.570174
12/11/2002 1.569937
13/11/2002 1.571337
14/11/2002 1.573128
15/11/2002 1.571748
18/11/2002 1.565644
19/11/2002 1.568741
20/11/2002 1.574905
21/11/2002 1.570523
22/11/2002 1.577410
25/11/2002 1.584744
26/11/2002 1.577202
27/11/2002 1.562752
28/11/2002 1.562153
29/11/2002 1.560662
02/12/2002 1.566206
03/12/2002 1.566120
04/12/2002 1.575547
05/12/2002 1.567264
06/12/2002 1.568911
11/12/2002 1.558221
12/12/2002 1.564195
13/12/2002 1.552862
16/12/2002 1.552819
17/12/2002 1.557207
18/12/2002 1.554346
20/12/2002 1.561460
27/12/2002 1.542317
30/12/2002 1.537835
31/12/2002 1.533840
03/01/2003 1.538632
06/01/2003 1.542236
07/01/2003 1.538064
08/01/2003 1.539503
09/01/2003 1.536366
10/01/2003 1.530980
13/01/2003 1.521322
14/01/2003 1.517735
15/01/2003 1.519607
16/01/2003 1.521039
17/01/2003 1.517496
21/01/2003 1.507012
22/01/2003 1.507461
23/01/2003 1.508647
28/01/2003 1.507973
29/01/2003 1.515777
30/01/2003 1.520539
31/01/2003 1.529300
03/02/2003 1.530867
04/02/2003 1.525843
05/02/2003 1.515200
06/02/2003 1.521812
07/02/2003 1.511049
08/02/2003 1.511049
09/02/2003 1.511049
10/02/2003 1.509038
11/02/2003 1.516308
12/02/2003 1.507232
13/02/2003 1.506876
14/02/2003 1.497415
15/02/2003 1.497415
16/02/2003 1.497415
17/02/2003 1.497227
18/02/2003 1.491488
19/02/2003 1.487817
20/02/2003 1.485951
21/02/2003 1.473164
22/02/2003 1.473164
23/02/2003 1.473164
24/02/2003 1.468914
25/02/2003 1.470643
26/02/2003 1.462596
27/02/2003 1.467013
28/02/2003 1.467013
01/03/2003 1.467013
02/03/2003 1.467013
03/03/2003 1.457436
04/03/2003 1.449520
05/03/2003 1.452433
06/03/2003 1.460307
07/03/2003 1.460307
08/03/2003 1.460307
09/03/2003 1.460307
10/03/2003 1.455783
11/03/2003 1.448167
12/03/2003 1.455649
13/03/2003 1.455649
14/03/2003 1.483660
15/03/2003 1.483660
16/03/2003 1.483660
17/03/2003 1.483660
18/03/2003 1.483660
19/03/2003 1.471390
20/03/2003 1.478105
21/03/2003 1.475456
22/03/2003 1.475456
23/03/2003 1.475456
24/03/2003 1.475456
25/03/2003 1.477959
26/03/2003 1.477959
27/03/2003 1.477959
28/03/2003 1.463269
29/03/2003 1.463269
30/03/2003 1.463269
31/03/2003 1.455965
01/04/2003 1.449062
02/04/2003 1.444576
03/04/2003 1.455745
04/04/2003 1.461646
05/04/2003 1.461646
06/04/2003 1.461646
07/04/2003 1.461646
08/04/2003 1.458114
09/04/2003 1.458114
10/04/2003 1.451009
11/04/2003 1.457816
12/04/2003 1.457816
13/04/2003 1.457816
14/04/2003 1.462735
15/04/2003 1.457800
16/04/2003 1.454209
17/04/2003 1.454209
18/04/2003 1.454209
19/04/2003 1.454209
20/04/2003 1.454209
21/04/2003 1.454209
22/04/2003 1.437296
23/04/2003 1.438321
24/04/2003 1.438321
25/04/2003 1.438321
26/04/2003 1.438321
27/04/2003 1.438321
28/04/2003 1.442765
29/04/2003 1.442765
30/04/2003 1.435320
01/05/2003 1.431678
02/05/2003 1.431678
03/05/2003 1.431678
04/05/2003 1.431678
05/05/2003 1.431678
06/05/2003 1.423609
07/05/2003 1.412917
08/05/2003 1.410444
09/05/2003 1.393771
10/05/2003 1.393771
11/05/2003 1.393771
12/05/2003 1.393140
13/05/2003 1.393639
14/05/2003 1.396459
15/05/2003 1.408847
16/05/2003 1.424292
17/05/2003 1.424292
18/05/2003 1.424292
19/05/2003 1.394545
20/05/2003 1.400781
21/05/2003 1.400598
22/05/2003 1.403985
23/05/2003 1.398175
24/05/2003 1.383750
25/05/2003 1.383750
26/05/2003 1.388013
27/05/2003 1.381560
28/05/2003 1.381560
29/05/2003 1.393625
30/05/2003 1.390232
31/05/2003 1.390232
01/06/2003 1.389255
02/06/2003 1.387503
03/06/2003 1.391730
04/06/2003 1.388711
05/06/2003 1.400610
06/06/2003 1.399713
07/06/2003 1.399713
08/06/2003 1.399713
09/06/2003 1.399713
10/06/2003 1.403439
11/06/2003 1.414818
12/06/2003 1.419627
13/06/2003 1.417354
14/06/2003 1.417354
15/06/2003 1.417354
16/06/2003 1.409759
17/06/2003 1.419723
18/06/2003 1.430086
19/06/2003 1.435656
20/06/2003 1.432898
21/06/2003 1.432898
22/06/2003 1.432898
23/06/2003 1.436806
24/06/2003 1.443131
25/06/2003 1.443131
26/06/2003 1.449611
27/06/2003 1.454319
28/06/2003 1.454319
29/06/2003 1.454319
30/06/2003 1.441336
01/07/2003 1.439473
02/07/2003 1.437432
03/07/2003 1.442495
04/07/2003 1.451461
05/07/2003 1.451461
06/07/2003 1.451461
07/07/2003 1.451949
08/07/2003 1.451949
09/07/2003 1.444268
10/07/2003 1.442531
11/07/2003 1.442531
12/07/2003 1.442531
13/07/2003 1.442531
14/07/2003 1.442531
15/07/2003 1.430306
16/07/2003 1.425669
17/07/2003 1.425056
18/07/2003 1.423979
19/07/2003 1.423979
20/07/2003 1.423979
21/07/2003 1.403574
22/07/2003 1.410057
23/07/2003 1.407020
24/07/2003 1.398747
25/07/2003 1.406494
26/07/2003 1.406494
27/07/2003 1.406494
28/07/2003 1.408786
29/07/2003 1.414216
30/07/2003 1.419738
31/07/2003 1.424169
01/08/2003 1.433175
02/08/2003 1.433175
03/08/2003 1.433175
04/08/2003 1.428508
05/08/2003 1.417855
06/08/2003 1.418393
07/08/2003 1.420026
08/08/2003 1.422820
09/08/2003 1.422820
10/08/2003 1.422820
11/08/2003 1.419478
12/08/2003 1.419478
13/08/2003 1.420516
14/08/2003 1.419814
15/08/2003 1.424027
16/08/2003 1.424027
17/08/2003 1.424027
18/08/2003 1.418481
19/08/2003 1.425317
20/08/2003 1.425052
21/08/2003 1.433465
22/08/2003 1.444892
23/08/2003 1.444892
24/08/2003 1.444892
25/08/2003 1.448365
26/08/2003 1.448365
27/08/2003 1.448365
28/08/2003 1.445278
29/08/2003 1.449518
30/08/2003 1.449518
31/08/2003 1.435972
01/09/2003 1.437070
02/09/2003 1.436425
03/09/2003 1.450891
04/09/2003 1.449785
05/09/2003 1.449785
06/09/2003 1.449785
07/09/2003 1.449785
08/09/2003 1.431164
09/09/2003 1.430443
10/09/2003 1.430443
11/09/2003 1.419551
12/09/2003 1.419551
13/09/2003 1.419551
14/09/2003 1.419551
15/09/2003 1.419551
16/09/2003 1.421413
17/09/2003 1.421413
18/09/2003 1.425699
19/09/2003 1.425699
20/09/2003 1.425699
21/09/2003 1.425699
22/09/2003 1.439616
23/09/2003 1.437266
24/09/2003 1.437266
25/09/2003 1.437266
26/09/2003 1.437266
27/09/2003 1.437266
28/09/2003 1.437266
29/09/2003 1.448534
30/09/2003 1.433474
01/10/2003 1.428559
02/10/2003 1.428559
03/10/2003 1.427875
04/10/2003 1.427875
05/10/2003 1.427875
06/10/2003 1.427875
07/10/2003 1.427875
08/10/2003 1.411777
09/10/2003 1.411777
10/10/2003 1.418967
11/10/2003 1.418967
12/10/2003 1.418967
13/10/2003 1.409501
14/10/2003 1.420844
15/10/2003 1.427060
16/10/2003 1.434295
17/10/2003 1.437481
18/10/2003 1.437481
19/10/2003 1.437481
20/10/2003 1.438939
21/10/2003 1.435174
22/10/2003 1.435305
23/10/2003 1.435305
24/10/2003 1.437598
25/10/2003 1.437598
26/10/2003 1.437598
27/10/2003 1.439346
28/10/2003 1.442993
29/10/2003 1.444748
30/10/2003 1.457006
31/10/2003 1.454584
01/11/2003 1.454584
02/11/2003 1.454584
03/11/2003 1.464122
04/11/2003 1.465823
05/11/2003 1.461087
06/11/2003 1.465022
07/11/2003 1.462239
08/11/2003 1.462239
09/11/2003 1.462239
10/11/2003 1.454937
11/11/2003 1.453890
12/11/2003 1.446513
13/11/2003 1.438521
14/11/2003 1.437790
15/11/2003 1.437790
16/11/2003 1.437790
17/11/2003 1.431916
18/11/2003 1.431146
19/11/2003 1.428103
20/11/2003 1.426136
21/11/2003 1.431720
22/11/2003 1.431720
23/11/2003 1.431720
24/11/2003 1.434325
25/11/2003 1.440292
26/11/2003 1.439664
27/11/2003 1.434331
28/11/2003 1.434331
29/11/2003 1.434331
30/11/2003 1.434331
01/12/2003 1.436704
02/12/2003 1.435801
03/12/2003 1.430669
04/12/2003 1.430669
05/12/2003 1.424528
06/12/2003 1.424528
07/12/2003 1.424528
08/12/2003 1.421868
09/12/2003 1.418716
10/12/2003 1.425050
11/12/2003 1.428776
12/12/2003 1.433844
13/12/2003 1.433844
14/12/2003 1.433844
15/12/2003 1.420699
16/12/2003 1.419378
17/12/2003 1.424358
18/12/2003 1.423601
19/12/2003 1.426954
20/12/2003 1.426954
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06/08/2015 1.432078
07/08/2015 1.420113
08/08/2015 1.410994
09/08/2015 1.412518
10/08/2015 1.412518
11/08/2015 1.414768
12/08/2015 1.411289
13/08/2015 1.399092
14/08/2015 1.400977
15/08/2015 1.407323
16/08/2015 1.408347
17/08/2015 1.408347
18/08/2015 1.407835
19/08/2015 1.419944
20/08/2015 1.411691
21/08/2015 1.400898
22/08/2015 1.382014
23/08/2015 1.378124
24/08/2015 1.378124
25/08/2015 1.363381
26/08/2015 1.371628
27/08/2015 1.361711
28/08/2015 1.369981
29/08/2015 1.374265
30/08/2015 1.376526
31/08/2015 1.376526
01/09/2015 1.366980
02/09/2015 1.353232
03/09/2015 1.362606
04/09/2015 1.371171
05/09/2015 1.361529
06/09/2015 1.360809
07/09/2015 1.360809
08/09/2015 1.368485
09/09/2015 1.375270
10/09/2015 1.375816
11/09/2015 1.369538
12/09/2015 1.359872
13/09/2015 1.361081
14/09/2015 1.361081
15/09/2015 1.363312
16/09/2015 1.361892
17/09/2015 1.370754
18/09/2015 1.371411
19/09/2015 1.370701
20/09/2015 1.374435
21/09/2015 1.374435
22/09/2015 1.384744
23/09/2015 1.381431
24/09/2015 1.362490
25/09/2015 1.356569
26/09/2015 1.357516
27/09/2015 1.356195
28/09/2015 1.356195
29/09/2015 1.349867
30/09/2015 1.348097
01/10/2015 1.354701
02/10/2015 1.352166
03/10/2015 1.353770
04/10/2015 1.353867
05/10/2015 1.353867
06/10/2015 1.354837
07/10/2015 1.352331
08/10/2015 1.363466
09/10/2015 1.358478
10/10/2015 1.346707
11/10/2015 1.347693
12/10/2015 1.347693
13/10/2015 1.350401
14/10/2015 1.338714
15/10/2015 1.350398
16/10/2015 1.358262
17/10/2015 1.357123
18/10/2015 1.360034
19/10/2015 1.360034
20/10/2015 1.366798
21/10/2015 1.361816
22/10/2015 1.361425
23/10/2015 1.381995
24/10/2015 1.392777
25/10/2015 1.389778
26/10/2015 1.389831
27/10/2015 1.389656
28/10/2015 1.387671
29/10/2015 1.384110
30/10/2015 1.395465
31/10/2015 1.401441
01/11/2015 1.401601
02/11/2015 1.401601
03/11/2015 1.399267
04/11/2015 1.407507
05/11/2015 1.415607
06/11/2015 1.401355
07/11/2015 1.402642
08/11/2015 1.401407
09/11/2015 1.401407
10/11/2015 1.404403
11/11/2015 1.413491
12/11/2015 1.416210
13/11/2015 1.411953
14/11/2015 1.418267
15/11/2015 1.414424
16/11/2015 1.414424
17/11/2015 1.418789
18/11/2015 1.429948
19/11/2015 1.429350
20/11/2015 1.425765
21/11/2015 1.426755
22/11/2015 1.426759
23/11/2015 1.426759
24/11/2015 1.426323
25/11/2015 1.413814
26/11/2015 1.422803
27/11/2015 1.425505
28/11/2015 1.420073
29/11/2015 1.419636
30/11/2015 1.419636
01/12/2015 1.424422
02/12/2015 1.419357
03/12/2015 1.411997
04/12/2015 1.385048
05/12/2015 1.387821
06/12/2015 1.389062
07/12/2015 1.389062
08/12/2015 1.390082
09/12/2015 1.379770
10/12/2015 1.380275
11/12/2015 1.385802
12/12/2015 1.384328
13/12/2015 1.384076
14/12/2015 1.384076
15/12/2015 1.371566
16/12/2015 1.377928
17/12/2015 1.372573
18/12/2015 1.376360
19/12/2015 1.374581
20/12/2015 1.370303
21/12/2015 1.370303
22/12/2015 1.361979
23/12/2015 1.349961
24/12/2015 1.366389
25/12/2015 1.363370
26/12/2015 1.360040
27/12/2015 1.358883
28/12/2015 1.358883
29/12/2015 1.355045
30/12/2015 1.355713
31/12/2015 1.358853
01/01/2016 1.357325
02/01/2016 1.357310
03/01/2016 1.357561
04/01/2016 1.357561
05/01/2016 1.360186
06/01/2016 1.365521
07/01/2016 1.358672
08/01/2016 1.342712
09/01/2016 1.331906
10/01/2016 1.329118
11/01/2016 1.329118
12/01/2016 1.335865
13/01/2016 1.328472
14/01/2016 1.332503
15/01/2016 1.326227
16/01/2016 1.305453
17/01/2016 1.306387
18/01/2016 1.306387
19/01/2016 1.311292
20/01/2016 1.299662
21/01/2016 1.298768
22/01/2016 1.310095
23/01/2016 1.322868
24/01/2016 1.321108
25/01/2016 1.321108
26/01/2016 1.315914
27/01/2016 1.322357
28/01/2016 1.312927
29/01/2016 1.311547
30/01/2016 1.308869
31/01/2016 1.315199
01/02/2016 1.315199
02/02/2016 1.318794
03/02/2016 1.319714
04/02/2016 1.318609
05/02/2016 1.301847
06/02/2016 1.299334
07/02/2016 1.299651
08/02/2016 1.299651
09/02/2016 1.289551
10/02/2016 1.282655
11/02/2016 1.289432
12/02/2016 1.270960
13/02/2016 1.287664
14/02/2016 1.288937
15/02/2016 1.288937
16/02/2016 1.294829
17/02/2016 1.282871
18/02/2016 1.285491
19/02/2016 1.291320
20/02/2016 1.288654
21/02/2016 1.294260
22/02/2016 1.294260
23/02/2016 1.283458
24/02/2016 1.275650
25/02/2016 1.265352
26/02/2016 1.264232
27/02/2016 1.268018
28/02/2016 1.269145
29/02/2016 1.269145
01/03/2016 1.281558
02/03/2016 1.285491
03/03/2016 1.296237
04/03/2016 1.292766
05/03/2016 1.291237
06/03/2016 1.293184
07/03/2016 1.293184
08/03/2016 1.294842
09/03/2016 1.287798
10/03/2016 1.290762
11/03/2016 1.280789
12/03/2016 1.290071
13/03/2016 1.290415
14/03/2016 1.290415
15/03/2016 1.289786
16/03/2016 1.275202
17/03/2016 1.273376
18/03/2016 1.278622
19/03/2016 1.284820
20/03/2016 1.284967
21/03/2016 1.284967
22/03/2016 1.278826
23/03/2016 1.267844
24/03/2016 1.262198
25/03/2016 1.266518
26/03/2016 1.265092
27/03/2016 1.267769
28/03/2016 1.267769
29/03/2016 1.271792
30/03/2016 1.275404
31/03/2016 1.271012
01/04/2016 1.263953
02/04/2016 1.247662
03/04/2016 1.248837
04/04/2016 1.248615
05/04/2016 1.253023
06/04/2016 1.242494
07/04/2016 1.238274
08/04/2016 1.236587
09/04/2016 1.237893
10/04/2016 1.239481
11/04/2016 1.239481
12/04/2016 1.247901
13/04/2016 1.253160
14/04/2016 1.259472
15/04/2016 1.257027
16/04/2016 1.258481
17/04/2016 1.258498
18/04/2016 1.258498
19/04/2016 1.261981
20/04/2016 1.264692
21/04/2016 1.271390
22/04/2016 1.268798
23/04/2016 1.283021
24/04/2016 1.283395
25/04/2016 1.283733
26/04/2016 1.285695
27/04/2016 1.291301
28/04/2016 1.284252
29/04/2016 1.288135
30/04/2016 1.276385
01/05/2016 1.276723
02/05/2016 1.276723
03/05/2016 1.274024
04/05/2016 1.263607
05/05/2016 1.261023
06/05/2016 1.269321
07/05/2016 1.265176
08/05/2016 1.265337
09/05/2016 1.265337
10/05/2016 1.264055
11/05/2016 1.268431
12/05/2016 1.265299
13/05/2016 1.269484
14/05/2016 1.271148
15/05/2016 1.269889
16/05/2016 1.269889
17/05/2016 1.271573
18/05/2016 1.277466
19/05/2016 1.296254
20/05/2016 1.305970
21/05/2016 1.293932
22/05/2016 1.292007
23/05/2016 1.297728
24/05/2016 1.290673
25/05/2016 1.311382
26/05/2016 1.316927
27/05/2016 1.310350
28/05/2016 1.314420
29/05/2016 1.315613
30/05/2016 1.316180
31/05/2016 1.313781
01/06/2016 1.301632
02/06/2016 1.289609
03/06/2016 1.293341
04/06/2016 1.281411
05/06/2016 1.277035
06/06/2016 1.277035
07/06/2016 1.271079
08/06/2016 1.281158
09/06/2016 1.272544
10/06/2016 1.277573
11/06/2016 1.267419
12/06/2016 1.267498
13/06/2016 1.267498
14/06/2016 1.258879
15/06/2016 1.259822
16/06/2016 1.259368
17/06/2016 1.265226
18/06/2016 1.271012
19/06/2016 1.273384
20/06/2016 1.273338
21/06/2016 1.296336
22/06/2016 1.302646
23/06/2016 1.297159
24/06/2016 1.305769
25/06/2016 1.228998
26/06/2016 1.230365
27/06/2016 1.230365
28/06/2016 1.196887
29/06/2016 1.206712
30/06/2016 1.209104
01/07/2016 1.198316
02/07/2016 1.190068
03/07/2016 1.190697
04/07/2016 1.190697
05/07/2016 1.191767
06/07/2016 1.176575
07/07/2016 1.164770
08/07/2016 1.166221
Average 1.311057
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"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
People either have short memories or cannot help themselves in their search for negativity over Brexit"
So yes it's been low whist in recession lol
Nice to know France has taken the UKs financial position in the world |
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|
By (user no longer on site)
over a year ago
|
"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
People either have short memories or cannot help themselves in their search for negativity over Brexit
Yes, we've been in a recession (so it's been very low anyway). Hardly anything to shout about.
The against the dollar:
2007 - 2.05
2008 - 1.97
2009 - 1.63
2010 - 1.55
2011 - 1.54
2012 - 1.61
2013 - 1.61
2014 - 1.58
2015 - 1.51
2016 - 1.21
I agree that it's hard to tell at the moment until things stabilise but I'm afraid I don't see us being as competitive as we were before the last recession for a long, long time (perhaps ever).
It's realism, not negativity.
depends what you mean by competitive"
I think that word is only subjective to the fiscally irresponsible. While I know what you probably want it to mean, it certainly doesn't mean we should hold it's position in the depths of a recession as a high target. |
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By (user no longer on site)
over a year ago
|
"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 - 1.24
Then look from its inception until 2008 , some people have very selective statistics xxx
"
I know, that was my point with regard to now |
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By (user no longer on site)
over a year ago
|
"Pound to Euro averages for years -
2009 - 1.12
2010 - 1.16
2011 - 1.15
2012 - 1.23
2013 - 1.17
2014 -
People either have short memories or cannot help themselves in their search for negativity over Brexit"
ahahaha you have to seei t with the dollar lol euro went down as well for brexit lol u genius brexit economists |
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By (user no longer on site)
over a year ago
|
"From the independent
France overtakes Britain as world’s fifth largest economy as Brexit fears hit markets
Pound falls against the euro, putting France ahead of Britain for first time since 2014"
Actually it didn't say that at all. here is the link:
http://www.independent.co.uk/news/business/news/eu-referendum-result-has-the-french-economy-really-overtaken-the-uk-in-size-since-last-night-a7101361.html
What it says is that the UK GDP is still bigger than that of France and gives the reasons why. |
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"Thought we could just have a simple game, to predict the end of July rates. Someone's copied and pasted the bible, or something earlier on."
I did too but now my thumbs have got arthritis, my eyes are sore and my tum feels queasy scrolling through that lot...
A SIMPLE FUCKING LINK WOULD HAVE BEEN SUFFICIENT!!
Anyways, $1.22 €1.04 |
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By (user no longer on site)
over a year ago
|
Predicting it is pretty much impossible unless you know alot of variables!.
Slightly down against the dollar and probably slightly up against the euro would be my guess! |
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Good to see all the forex knowledge on display as befits a nation with the worlds biggest centre of trade of foreign exchange.
Enjoy the next 5 years as it relocates to Frankfurt and we lose the tax revenues. |
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By (user no longer on site)
over a year ago
|
"Good to see all the forex knowledge on display as befits a nation with the worlds biggest centre of trade of foreign exchange.
Enjoy the next 5 years as it relocates to Frankfurt and we lose the tax revenues." .
Do your actually fucking know why London is the centre for financial dealings?.
I'll give you a clue, its got fuck all to do with the euro, fuck all to do with the EU and fuck all to do with the Frankfurt...
You said forex!!!.... Now think libor and maybe HSBC trading with terrorists, Mexican drug gangs, rehypothacation....
Unless Frankfurt is gonna lower it's standards.... Like alot.
It's got fuck all chance of actually deposing London because London is the place to be if your totally fucking bent.... And that's most of the financial world! |
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By (user no longer on site)
over a year ago
|
"To stabilise the economy they have to increase tax to reduce inflation." .
What fucking inflation... We've been trying for 7 fucking years to induce inflation along with every country in the western world including the ecb.....
Why the fuck do you think there at NIRP?.
It's not inflation that's the worry, it's deflation |
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By (user no longer on site)
over a year ago
|
China's busy devaluing it's currency and Deutsch bank just failed it's "test" and is now the largest holder of derivatives in the world!!.
.
Oh dear, I'll go for a slight pick up on the pound but we'll get smashed against the dollar for awhile.
In the world of yields the dollar is king at the moment |
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Looks like a downward slide
http://www.thetimes.co.uk/article/falling-pound-is-world-s-weakest-major-currency-3m59nwt0l
Still we've a way to go yet
Zimbabwean dollar 1 usd = 643,371,437,695,221,000 Zimbabwean dollars
|
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By (user no longer on site)
over a year ago
|
"Looks like a downward slide
http://www.thetimes.co.uk/article/falling-pound-is-world-s-weakest-major-currency-3m59nwt0l
Still we've a way to go yet
Zimbabwean dollar 1 usd = 643,371,437,695,221,000 Zimbabwean dollars
"
Oh dear .... 2 days late and quoting from the Times? the paper that campaigned for 'Remain' and is still pushing out the 'Project Fear' shit? Yes the Pound dropped after brexit vote. It has stayed at about £1.30 to the $ since. But what you sort of forgot to mention is that the FTSE and every other stock exchange rose hugely last week and are all up about 1.5% on the day again today. The FTSE itself is at an 11 month high and well above where it was on June 23rd...
Still, keep banging your crap out it makes us laugh ... |
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"Looks like a downward slide
http://www.thetimes.co.uk/article/falling-pound-is-world-s-weakest-major-currency-3m59nwt0l
Still we've a way to go yet
Zimbabwean dollar 1 usd = 643,371,437,695,221,000 Zimbabwean dollars
Oh dear .... 2 days late and quoting from the Times? the paper that campaigned for 'Remain' and is still pushing out the 'Project Fear' shit? Yes the Pound dropped after brexit vote. It has stayed at about £1.30 to the $ since. But what you sort of forgot to mention is that the FTSE and every other stock exchange rose hugely last week and are all up about 1.5% on the day again today. The FTSE itself is at an 11 month high and well above where it was on June 23rd...
Still, keep banging your crap out it makes us laugh ..."
Good Tha you can laugh in the face of adversity ..but less is still less pound down in pre brexit pound worst major currency ..still Nero fiddled whilst Rome burned ..maybe it works for you .. |
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By (user no longer on site)
over a year ago
|
"Looks like a downward slide
http://www.thetimes.co.uk/article/falling-pound-is-world-s-weakest-major-currency-3m59nwt0l
Still we've a way to go yet
Zimbabwean dollar 1 usd = 643,371,437,695,221,000 Zimbabwean dollars
Oh dear .... 2 days late and quoting from the Times? the paper that campaigned for 'Remain' and is still pushing out the 'Project Fear' shit? Yes the Pound dropped after brexit vote. It has stayed at about £1.30 to the $ since. But what you sort of forgot to mention is that the FTSE and every other stock exchange rose hugely last week and are all up about 1.5% on the day again today. The FTSE itself is at an 11 month high and well above where it was on June 23rd...
Still, keep banging your crap out it makes us laugh ...
Good Tha you can laugh in the face of adversity ..but less is still less pound down in pre brexit pound worst major currency ..still Nero fiddled whilst Rome burned ..maybe it works for you .."
I've never been to Rome but I hear its quite nice. |
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"The FTSE itself is at an 11 month high and well above where it was on June 23rd..."
Because the Bank of England are rumoured to be cutting interest rates. Not because everyone's suddenly decided Brexit is awesome. |
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By (user no longer on site)
over a year ago
|
"Being objective how is the Ftse 250 doing since the vote to leave?"
It is about where it was on the 15th June (pre brexit), 600 higher than it was in February, 400 higher than it was in January, 1100 lower than it was in December 2015 and about the same as it was in September 2015.
It is up 2.62% on the day at 16177.75 against a 52 week low of 14967.86.
Oh and the FTSE350 is up 1.24% on the day and just shy of its 52 week high.
http://www.bbc.co.uk/news/business/markets/europe/lse_ukx
I do like some objectivity ... |
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By (user no longer on site)
over a year ago
|
"The FTSE itself is at an 11 month high and well above where it was on June 23rd...
Because the Bank of England are rumoured to be cutting interest rates. Not because everyone's suddenly decided Brexit is awesome."
Interest rates affect the Bond and currency markets far more .... |
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"Looks like a downward slide
http://www.thetimes.co.uk/article/falling-pound-is-world-s-weakest-major-currency-3m59nwt0l
Still we've a way to go yet
Zimbabwean dollar 1 usd = 643,371,437,695,221,000 Zimbabwean dollars
Oh dear .... 2 days late and quoting from the Times? the paper that campaigned for 'Remain' and is still pushing out the 'Project Fear' shit? Yes the Pound dropped after brexit vote. It has stayed at about £1.30 to the $ since. But what you sort of forgot to mention is that the FTSE and every other stock exchange rose hugely last week and are all up about 1.5% on the day again today. The FTSE itself is at an 11 month high and well above where it was on June 23rd...
Still, keep banging your crap out it makes us laugh ...
Good Tha you can laugh in the face of adversity ..but less is still less pound down in pre brexit pound worst major currency ..still Nero fiddled whilst Rome burned ..maybe it works for you ..
I've never been to Rome but I hear its quite nice."
Me neither rumoured to be expensive by family members that have been |
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"The FTSE itself is at an 11 month high and well above where it was on June 23rd...
Because the Bank of England are rumoured to be cutting interest rates. Not because everyone's suddenly decided Brexit is awesome.
Interest rates affect the Bond and currency markets far more ...."
Wont we get a lower pound if interest rate drops? |
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By (user no longer on site)
over a year ago
|
"The FTSE itself is at an 11 month high and well above where it was on June 23rd...
Because the Bank of England are rumoured to be cutting interest rates. Not because everyone's suddenly decided Brexit is awesome." .
I belive they call it liquidity in the banking sector?.
Deutsch bank won't have long left in it.
You think the pounds getting hammering, watch their shares! |
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By (user no longer on site)
over a year ago
|
"Said it after the vote there are no remainer's and no leavers.
There is just the now and the future for the UK in whatever form that will be outside of the Eu.."
In other words we are all Leavers.
Let's make the best of it |
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By (user no longer on site)
over a year ago
|
Even as a Tory I despised what Osborne did during the Referendum but fair play he is in New York talking up the new Britain, giving positive speeches and has been in touch with the Speaker of the House drumming up business and investment and is saying the reaction he is getting there is far more positive than he expected....
|
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By *abioMan
over a year ago
Newcastle and Gateshead |
"The FTSE itself is at an 11 month high and well above where it was on June 23rd...
"
the reason why this is is a fairly quirky one....
70% of the FTSE 100 actually do all their accounting in Dollars..... and then for the purposes of reporting then gets turned into pound sterling...
so when the pound loses strength against the dollar... it is basically akin to an instant profits boost.....
|
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By *abioMan
over a year ago
Newcastle and Gateshead |
anyway... whats the prediction for thursday and the BoE interest rate... staying at 0.5%.... cutting it to 0.25% or going all in and it being 0%....
the higher the cut... the lower the pound will fall.....
I wouldn't be least surprised if the exchange rate wasn't hovering about 1.27 by lets say friday morning.... |
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By (user no longer on site)
over a year ago
|
More bad news for the Remainers predicting doom and gloom. Siemens have rowed back on their pre-Referendum statements and will continue investing in the UK.
http://www.bbc.co.uk/news/business-36771595 |
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Mr Kaeser said new trade barriers could make it uneconomical to export the blades to Denmark and Germany
So brexit could still affect their business ..best hope Mrs may sorts out a Norway type deal for the UK then .to follow brexit ... |
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By (user no longer on site)
over a year ago
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"Mr Kaeser said new trade barriers could make it uneconomical to export the blades to Denmark and Germany
So brexit could still affect their business ..best hope Mrs may sorts out a Norway type deal for the UK then .to follow brexit ..."
Its not Brexit that will cause trade barriers it will be the stupidity of the EU. For which it is renowned mind... but then about 175,000 German car workers will also be laid off as a result...
A German company is seeing the folly of trade barriers just as the head of German trade industry said weeks ago. And Mrs Merkel knows only too well. |
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By (user no longer on site)
over a year ago
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I think the number one thing for the euro-pound price will be Deutsch bank, that looks like a disaster waiting to happen, they could come in for more tarp relief, if so the euro could be hammered however rbs isn't exactly roses so its guess work,i still think up agaist the euro down on the dollar |
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By (user no longer on site)
over a year ago
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"More bad news for the Remainers predicting doom and gloom. Siemens have rowed back on their pre-Referendum statements and will continue investing in the UK.
http://www.bbc.co.uk/news/business-36771595"
another report on remainers who cant accept the outcome
.
https://www.youtube.com/watch?v=Bn_6sU7O43w&app=desktop
.
. |
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By (user no longer on site)
over a year ago
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"As the pound continues to RISE today, what's the latest on the news front
All good on the news front
http://www.cityam.com/245198/investor-confidence-index-drops-four-year-low-after-brexit"
Quote:
"But he cautioned against “assigning too much significance to one month’s survey data, particularly so close to the EU referendum”. Hargreaves Lansdown surveyed 190 retail investors on 30 June for the index."
Wow so 190 people represent the whole country? That is like the '90% of Economists' story when it was actually 1.1% of those asked.
Stock exchanges on the up and FTSE at 11 month high. The Pound moving up. Government debt in great demand showing low 'yield'. House builders stock more than recovered from earlier hits. Countries lining up for Trade Deals. New PM making all the right noises after a very swift change of PM (makes the USA look archaic)
I will follow where the money is going rather than one report about 190 people who are probably trying to 'make a market'.... |
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"As the pound continues to RISE today, what's the latest on the news front
All good on the news front
http://www.cityam.com/245198/investor-confidence-index-drops-four-year-low-after-brexit
Quote:
"But he cautioned against “assigning too much significance to one month’s survey data, particularly so close to the EU referendum”. Hargreaves Lansdown surveyed 190 retail investors on 30 June for the index."
Wow so 190 people represent the whole country? That is like the '90% of Economists' story when it was actually 1.1% of those asked.
Stock exchanges on the up and FTSE at 11 month high. The Pound moving up. Government debt in great demand showing low 'yield'. House builders stock more than recovered from earlier hits. Countries lining up for Trade Deals. New PM making all the right noises after a very swift change of PM (makes the USA look archaic)
I will follow where the money is going rather than one report about 190 people who are probably trying to 'make a market'...."
Still believing what you want to believe think you are cherry-picking.. |
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By (user no longer on site)
over a year ago
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"As the pound continues to RISE today, what's the latest on the news front
All good on the news front
http://www.cityam.com/245198/investor-confidence-index-drops-four-year-low-after-brexit
Quote:
"But he cautioned against “assigning too much significance to one month’s survey data, particularly so close to the EU referendum”. Hargreaves Lansdown surveyed 190 retail investors on 30 June for the index."
Wow so 190 people represent the whole country? That is like the '90% of Economists' story when it was actually 1.1% of those asked.
Stock exchanges on the up and FTSE at 11 month high. The Pound moving up. Government debt in great demand showing low 'yield'. House builders stock more than recovered from earlier hits. Countries lining up for Trade Deals. New PM making all the right noises after a very swift change of PM (makes the USA look archaic)
I will follow where the money is going rather than one report about 190 people who are probably trying to 'make a market'....
Still believing what you want to believe think you are cherry-picking.."
In which case I have a basket full of cherries ...
Oh wait .. another cherry: No interest cut deemed necessary by the B of E and the Pound rose substantially ...
Pips anyone? |
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By (user no longer on site)
over a year ago
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"It will stay pretty much where it is for a while. It has been artificially high for a couple of years due to the weakness of the Euro and the dollar"
this was my post at the start of the month when it was $1.30 and €1.17. Today, end of the month it is $1.32 and €1.18.
Happy to help on exchange rate matters |
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