BoE downgrades GDP growth. Pound plummets

[Platypus]

Yay. 24 hours after I had some dollars transferred in to my account. That would have been a very nice bonus.

[scooterscot]

You're comparing 2 different timeframes?

I watch £/$ anyway which has already shrugged this news off. The technical are still intact

Not comparing, presenting. US hasn't woken up proper yet. Wait until the Asian markets open.

[scooterscot]

Intersting the Asian markets did not scope up on the losses made by the £ yesterday - usually you see some pick up the following morning. Very interesting when the East begins to shy away from the £. Be afraid. Be very afraid.

[Jog On]

Intersting the Asian markets did not scope up on the losses made by the £ yesterday - usually you see some pick up the following morning. Very interesting when the East begins to shy away from the £. Be afraid. Be very afraid.

Asian markets tend to not do very much at the best of times. £/$ is BAU with it's technical pattern. I wouldn't expect much action in anything until 1:30 PM today.

https://www.dailyfx.com/gbp-usd

[Paddy]

Further GDP shrinking

RBS plans move to Amsterdam for post-Brexit EU hub

https://www.theguardian.com/business...ost-brexit-hub

[PurpleGorilla]

Further GDP shrinking

RBS plans move to Amsterdam for post-Brexit EU hub

https://www.theguardian.com/business...ost-brexit-hub

Talk about spin, the CEO was on R4 today saying they would keep their small office in Amsterdam to access the EU market.

[Paddy]

Talk about spin, the CEO was on R4 today saying they would keep their small office in Amsterdam to access the EU market.

He said that to stop having his head kicked in by the taxpayers.

[scooterscot]

Talk about spin, the CEO was on R4 today saying they would keep their small office in Amsterdam to access the EU market.

Apple have a small 5-man office in Luxembourg - $13 billion dollar operation I hear