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Thread: Sterling

  1. #1

    Sterling

    Hitting new highs since our vote to leave.
    Going to go much higher now.

  2. #2

    Re: Sterling

    May have something to do with the impending interest rate rise as well

  3. #3

    Re: Sterling

    The £44 million is looking a steal after his recent performances.

  4. #4
    First Team Ainsley Harriott's Avatar
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    Re: Sterling

    Quote Originally Posted by Steve R View Post
    The £44 million is looking a steal after his recent performances.

  5. #5

    Re: Sterling

    Quote Originally Posted by AlwaysAway2 View Post
    Hitting new highs since our vote to leave.
    Going to go much higher now.
    That's because the interest rate will rise by .25pc on Thursday.

    It's still a long way short of the $1.50 to a pound that we were getting before the feckwits entered the polling booths on June 23rd last year. It won't get to that level ever again, unless America does something stupid like elect Trump for a second term.

  6. #6

    Re: Sterling

    Quote Originally Posted by AlwaysAway2 View Post
    Hitting new highs since our vote to leave.
    Going to go much higher now.
    It's 1.33 versus the US dollar. It was 2.5% higher at 1.36 in the middle of last month.

    Lay off the sherry!

  7. #7

    Re: Sterling

    Quote Originally Posted by Organ Morgan. View Post
    It's 1.33 versus the US dollar. It was 2.5% higher at 1.36 in the middle of last month.

    Lay off the sherry!
    It’s Gin actually.

  8. #8

    Re: Sterling

    Quote Originally Posted by Badly Ironed Shirt View Post
    That's because the interest rate will rise by .25pc on Thursday.

    It's still a long way short of the $1.50 to a pound that we were getting before the feckwits entered the polling booths on June 23rd last year. It won't get to that level ever again, unless America does something stupid like elect Trump for a second term.
    If the base rate was at 3%, matching CPI inflation, instead of 0.25% then the pound would be higher than the 1.50 it was on Brexit day. The pound, as with every other currency, is hyperinflating versus Bitcoin.

  9. #9

    Re: Sterling

    In November 2015 sterling stood at 1.42 euro and 1.30 on the day of the Brexit vote. Ten days later it had dropped to 1.16. Since then it reached a low of 1.08 at the end of August 2017 and today stands at 1.14 having recovered on the back of an expected interest rate rise. Therefore 15 months after the Brexit vote it has surged to just under two cents below the lowest point it had fallen in its immediate aftermath. Rejoice!

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