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BANGKOK 17 August 2019 19:00
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Sterling rout not yet over as no-deal Brexit odds jump - Reuters poll

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2 minutes ago, Handsome Gardener said:

Its nothing to do with uncertainty - that's the brexiteer word to divert from what's staring them in the face. Millions of spreadsheets would have been created since the referendum and they point to carnage. The markets aren't stupid, they know what's coming.

 

Its everything to do with a no deal Brexit - if that is declared you can kiss goodbye to the pound recovery, as the uncertainty will be just beginning. Cut out of EU trading deals with NOTHING to replace it. We will have the negotiating position of a lame duck with our big bad neighbour, the EU, undercutting us every step of the way.

 

Brexit has trashed the pound - anyone who thinks otherwise needs a frontal lobotomy! Brexiteers have to take full responsibility for that.

 

STILL waiting for a brexiteer to tell us why the pound isn''t going UP if Brexit is a good idea …….(5th request I think)

Absolutely no point in stating the obvious. A no-deal catastrophe for the UK just doesn't register with some. However, I am confident that a free-trade deal with the EU would occur whatever the outcome, because it's in both the EU and the UK's interest to agree.  How they fudge that, will be most interesting...

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2 hours ago, evadgib said:

IMO the pound will be no lower on Valentine's day than it is today.

So no recovery after Brexit then ?

 

Has the light gone on ?

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12 hours ago, elliss said:

 

 This is just a practice run ,  prepare  for the big drop.

    Cut your loses , and transfer your money over now i have, ouch..

   Project fact,  gbp is finished .

 

 

Glad you weren't around in 1939.

Hoist the white flag,

'We're doomed, doomed I tell you!' was the cry of the remainers as they take them all off to the funny farm.

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32 minutes ago, Joe Mcseismic said:

Bangkok Bank telegraphic transfer exchange rate for Sterling is now 36.90 Bt.

All Thai banks Transfer rate

http://bankexchangerates.daytodaydata.net/default.aspx

 

2019-08-09_111329.png

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15 hours ago, fishtank said:

Well done Boris and the extremists.

Doing a great job.

Stuff the UK as long as you achieve your extreme right wing objectives. :bah:

would you also want to blame Germany's recent appalling manufacturing statistics on BREXIT and extreme right wing extremists ?

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8 hours ago, sunnyboy2018 said:

Its the uncertainty contributing to the sterling decline. When brexit is finally declared the uncertainty will end and the pound should start to rise again as sure as the Euro will decline.

from rock bottom it can only do two things, raise or stay put, may well raise but how far?

I doubt it will raise much if it is a no deal, certainly nothing close to the pre referendum level...

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1 hour ago, Handsome Gardener said:

So no recovery after Brexit then ?

 

Has the light gone on ?

"No Lower" doesn't mean it cannot improve 🙄

 

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15 hours ago, Dellboy218 said:

Written from an extreme left wing point of view.  There was a referendum in which more people voted to leave than remain.  Get over it and move on.  More votes wins, it's called democracy, try practicing it. 

 

Still refusing to accept that the referendum was advisory, which under the British Constitution is could only ever be, and that it advised a small majority of those who voted wanted to leave the EU.

 

It was parliaments job to debate this and if they decided that they would indeed leave to negotiate the most appropriate deal for the country. Their overriding responsibility is to make decisions based on the long term interests of the whole country. To represent everyone no matter how they voted or didn't in an advisory referendum. Not to represent the interests of pressure groups within the Tory party who represent the interests of a very very small slice of the population. 

 

Parliament has failed miserable so far.

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31 minutes ago, Basil B said:

from rock bottom it can only do two things, raise or stay put, may well raise but how far?

I doubt it will raise much if it is a no deal, certainly nothing close to the pre referendum level...

 

I attended a seminar yesterday. The forecast there was 1 GBP - $US 1.13 if no deal Brexit; $US 1.34 if soft Brexit with deal. 

 

Only one company's forecast of course.

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2 hours ago, Nigel Garvie said:

Gloating over something that hasn't yet happened, and is unlikely to happen anyway, seems a rather unwise thing to do. Do you actually wish economic harm to the ordinary people of other European countries, if so then why? What has the Austrian baker, or the Portuguese dustman ever done to you?

 

One thing for certain is that we have messed up big time with the £ fast becoming worthless, maybe it helps us feel better if we focus elsewhere, even if it is a fantasy. 

I hate Austrian bakers and Portuguese dustmen. No problems with anybody else, though! 😆

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