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Search: Posts Made By: Freshwhyte
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Forum: Canada
Oct 8th 2016, 1:26 pm
Replies: 80
Views: 8,693
Posted By Freshwhyte

Re: Brexit currency woes

*Gasps* How did I not ever notice that.....lol

If the pound is set to fall against the Euro, an already weakened currency, why would it not fall against CAD ?

Granted I can't see it going THAT...
Forum: Canada
Oct 7th 2016, 5:24 pm
Replies: 80
Views: 8,693
Posted By Freshwhyte

Re: Brexit currency woes

Futures are indicating that Sterling is on track for parity with the EURO by January 2017, this of course could change depending on the type of deals struck during Brexit. Its all up in the air, I...
Forum: Canada
Oct 7th 2016, 1:44 pm
Replies: 80
Views: 8,693
Posted By Freshwhyte

Re: Brexit currency woes

It will definitely recover somewhat before the inevitable Article 50 crash. But overall I think things are looking grim for GBP for the next few years.
Forum: Canada
Oct 7th 2016, 12:59 pm
Replies: 80
Views: 8,693
Posted By Freshwhyte

Re: Brexit currency woes

I'm on the opposite end, I'm making a run to the bank today to buy as much GBP as I can afford. After that sharp crash last night its sure to rebound slightly before it crashes again in the spring.
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