Robin Hood wrote:miltiades wrote:A glimmer of hope this morning as the pound seems , in overnight trading, stabilized at around 1.217 to the dollar and 1.146 to the euro. I sincerely hope that my rather gloomy prediction does not come to fruition and that sterling will steady it self.
The markets/ speculators/ investors appear to have now accepted that article 50 will be invoked come the end of the month. Will there be further turmoil before then, one does not know.
I will still favour switching sterling holdings to the dollar that right now appears to be the markets favourite currency.
With the Dutch elections looking to maybe mirror the Brexit vote in the UK .... i.e. right up to the wire ...... I find it strange that the Euro has not dropped against the GBP. Very strange? Another point ..... this call for Scotland to have another
'leave-the-UK' referendum ..... has had virtually no effect.
Geert Wilders appears to be losing ground against the incumbent PM Mark Rutte.
I find the following quite ....amusing.
" When Wilders and Rutte faced off on national television Monday evening, the Freedom Party leader told the prime minister that “we must directly expel the Turkish ambassador and the rest of his staff from the country, otherwise we accept that we are being insulted.”
Rutte’s response was to tell Wilders: “That’s the difference between tweeting from your couch and governing the country. If you govern the country, you have to take sensible decisions, and that isn’t sensible.”
