Re: Exchange Rate
Originally Posted by Skyva
(Post 12612835)
Its a sad thing to be looking at on Christmas Day, but the pound seems to be on a roll against the Canadian dollar. Can’t think why ... Latest rate is 1.768. A Happy Christmas to all! Anyone know why it has shifted about 6 percent in 24 hours? Oil price worries? |
Re: Exchange Rate
Originally Posted by Skyva
(Post 12612835)
Its a sad thing to be looking at on Christmas Day, but the pound seems to be on a roll against the Canadian dollar. Can’t think why ... Latest rate is 1.768. A Happy Christmas to all! |
Re: Exchange Rate
So given the recent political developments on Brexit with the Speaker seemingly making hard exit a lesser possibility, and the EU not willing to give any more concessions to May, what is your new outlook on the Great British £. Lately it has been trending positively and according to some news traders are shorting the currency as they see potential gains coming down the line.
|
Re: Exchange Rate
Originally Posted by Edo
(Post 12656519)
So given the recent political developments on Brexit with the Speaker seemingly making hard exit a lesser possibility, and the EU not willing to give any more concessions to May, what is your new outlook on the Great British £. Lately it has been trending positively and according to some news traders are shorting the currency as they see potential gains coming down the line.
|
Re: Exchange Rate
Boris bounce is fading fast. $1.77 seen on Friday 13th December is already down to $1.73 today. Best hope for 2020 is consolidation around $1.70 with a move up to $1.91 if a trade deal can be struck with the EU by December next year.. Looking for Sterling to trade between $1.66-$1.91 over he next 12 months.
|
All times are GMT. The time now is 9:08 am. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.