[Merged]Brexit stuff

[sasguru]

John Kerry didn't even chat to Liam Fox when he came over for "trade talks", instead Liam ended up speaking to a few "American guys" in a pub, and claimed they were informal talks with the Americans.

Well yes, those are informal talks. You've got to sketch your plan on the back of a fag packet first

[Old Greg]

Near parity. Have you even looked at the exchange rate? Currently 1.184. That's up .05 in the last few days. Hardly parity is it? And considering it was 1.24 before the vote it's barely worth mentioning.

It looks to me that it ht 1.24 following the vote, having been 1.31 following closure of the polls on Referendum Day.

Pound Euro Exchange Rate News: GBP/EUR Crashes to 1.24 on EU Referendum Brexit, Major Uncertainty Ahead | Euro Exchange Rate News

UK Votes to Brexit, Pound Euro Hits 1.22 after EU Referendum Results are Counted

Even before European markets opened on Friday, the Pound Euro exchange rate spiraled to 1.20 in response to the news that the UK voted to leave the EU before rebounding slightly to trade in the region of 1.24.

The Pound previously achieved 1.31 against its European peer as initial indications pointed to a vote to remain.

The decision to Brexit also pushed GBP to its lowest levels against the US Dollar since 1985.

GBP/EUR is currently down 4% while GBP/USD is down 6.0%

Further significant market movements can be expected as the day progresses so stick with us for the latest news.

(Previously updated 23:20 24/06/2016)

GBP/EUR Exchange Rate Climbs to 1.31 – Will the UK Vote to Remain?

The Pound Euro exchange rate pushed its way to 1.31 following the closure of the polls on EU Referendum voting day.

Nigel Farage’s comment that ‘Remain’ may emerge victorious helped the Pound’s uptrend and the currency also gained on the US Dollar.

(Previously updated 16:40 23/06/2016)

Now that your fantasy bubble has been punctured by reality, what adjustments will you make to your overall judgment of the situation?

[sasguru]

It looks to me that it ht 1.24 following the vote, having been 1.31 following closure of the polls on Referendum Day.

Now that your fantasy bubble has been punctured by reality, what adjustments will you make to your overall judgment of the situation?

Well to be fair it has risen by 0.05 over the last few days.
But hey that's only the Euro.
It's the drastic dollar fall that'll cause most prices to rise in the UK.

[Old Greg]

Well to be fair it has risen by 0.05 over the last few days.

Don't be so rude. He says he's very clever.

[sasguru]

Don't be so rude. He says he's very clever.

Honestly, the guy is nuts. He stated figures as if they were fact but without even checking them first.

But he is the cleverest guy in his saloon bar.

[Old Greg]

Honestly, the guy is nuts. He stated figures as if they were fact but without even checking them first.

Not nuts, just a bit thick and angry.

[sasguru]

Not nuts, just a bit thick and angry.

Be fair you would be too if you were him.

[darmstadt]

The EU have always wanted their Army, indeed it was William Hague who vetoed the plan a few years ago, of course now with Brexit they can do all the things they've wanted which we used to block.

Maybe, just maybe they're talking about sorting out all the myriad EU military operations that already exist into something not so bureaucratic, streamlining I think it's called: https://en.wikipedia.org/wiki/Milita...European_Union

[Old Greg]

Be fair you would be too if you were him.

It's not very life affirming though. Plenty of people with below average intelligence get through life perfectly happily. A bit of mindfulness practice might be a good start.

[Bee]

Is this the same Telegraph that in 2010 predicted the death of the Euro in 5 years?
Euro 'will be dead in five years' - Telegraph

And yet here we are, with the pound now at near parity to the "failing" Euro.



To be fair joing the Euro was never a good idea, something I've been consistent on since 1999, but Brexit is an even worse one, economically.

You believe in sensationalist news.
Now I understand why you are a very easy target for a brainwash.