erolz66 wrote:B25 wrote:miltiades wrote:B25 wrote:Hey Milti,
tell us why the GBP is falling against the euro again. I mean matters have turned for the worst for Boris, so I expected things to pick up, but alas!!!
There is one and only one reason as to Sterling performance. BREXIT.
The financial markets are not driven by emotional pseudo patriotism, they react purely on financial reasons. The markets consider Brexit as bad for the UK economy, just as I and millions of others do. If Brexit does happen then Sterling will fall fat below it's present levels. If an extension is granted then Sterling will rise and should article 50 be revoked Stetling will rise to it's pre referendum level.
Financial markets , globally, consider Brexit as catastrophic for the UK economy.
The idiots who think that our economy will ....thrive ie Paphitis, are just simply ignorant , just as he was when he stated that his debts are tax deductible. The EU is the world's largest trading block, leaving it will be detrimental to pur economy with severe economic consequences .
OK so whats the reason it has jumped 3 cents over night?? Yesterday 1.10xx this morning 1.13xx????
Read the news.
Still climbing, so what's the news??