Tradefair & Financials
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When the vote comes back to stay in will the pound improve vs the dollar and euro?
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Yes - to the extent that a two-thirds probability of remaining is built into the price right now.
If the odds of remaining are 99% the day before the vote, the price won't move any more than the normal daily fluctuation |
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The pound has been in decline for five years.
You're trying to predict the way that traders will think on one issue, then how that thinking will affect their trading. Why should they think that remaining or leaving will affect the value of the pound one way or the other? Leaving the EU won't take affect for another two years if we do decide to leave. |
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pound will be 25% lower in 2 years,in or out,uk has a current account deficit that wiil be the undoing of the spreadsheet economic policy of our government.
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$1.35
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Traders celebrating this morning after the peak fall in £/$ at around 6am this morning
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recovering but still plenty volatility to exploit
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Every time a Brexiteer opens his mouth, £ falls and your family becomes poorer.
Dr Crippen's Why should they think that remaining or leaving will affect the value of the pound one way or the other? stands as a contender for the dumbest of his 30k drivelling posts. Refer to my threads "Get all your money out of the UK" on both the politics forum and this one. |
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Then $1.46. Now $1.18.
Nice work, Leavers. |