Whats going to happen to Sterling when Article 50 is invoked next month?

[The_Equalizer]

Well, as I earn in foreign currency and spend mostly in GBP, I hope the good old GBP goes through the floor!

You and SAS are going to get on like a house on fire.

[sasguru]

There's no sense of that being a hope strategy - countries have already said that they're looking forward to dealing with us post Brexit.

Yeah we can always sell jam to Australia, I suppose.

[NotAllThere]

Money to be made or fall already priced in?

What does the FX Futures market say?

[diseasex]

Predicting currency fluctuations is worth millions. If I knew, I wouldn't tell you for a fact.

[Platypus]

I'm going to take a punt on it falling based on the poor numbers on the economy that are beginning to come through

I think you're right, but if Junker quits before then (rumoured) the Euro will fall so things might end up evens.

Sterling might fall before then if the HoL passes the A50 bill

EDIT: or it might rise with a favourable budget :-)

[tomtomagain]

What happens to the EURO when Ms Le Penn gets into the second round?

[The_Equalizer]

Predicting currency fluctuations is worth millions. If I knew, I wouldn't tell you for a fact.

Blimey can you move FX markets?

[motoukenin]

Don't think much will happen , as you say markets price this in and the 20% drop we have had already is making sterling look cheap.

The 2 years after that could be worth a punt, as the negotiations between UK and Europe go on (or not).

[BrilloPad]

Blimey can you move FX markets?

When working at UBS in 1992 I saw the spot desk do it - almost on a daily basis. Very impressive.

[The_Equalizer]

When working at UBS in 1992 I saw the spot desk do it - almost on a daily basis. Very impressive.

I did a very short stint with a then privately owned FX broker. I remember one client calling about his gain only to be told that the market had gone against him. Transpired that the trader had placed the phone order incorrectly and the client was up £70K. There was complete hush in the office as the tape was played followed by a long torrent of expletives by the boss.