Keep your euro's safe, they could become valuable later today (1 Viewer)

Aug 27, 2009
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Will May's speech on Brexit later today put the pound into free fall. A hard Brexit could be announced........what do you think.
 
Oct 1, 2007
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if your leaving a club!
which we are
you say see you around
im off taking my belongings with me
walk to the door
go through and close it

that is how id like to see it explained
but she was right to hold the cards tight
till a decision was made
by the vegetables

we need to control our own destiny
not bow down to foreingn bosses
 

DuxDeluxe

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Will May's speech on Brexit later today put the pound into free fall. A hard Brexit could be announced........what do you think.
Much of the currency fluctuation has already been factored into the market over the last few days

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Jul 18, 2009
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December 2015 I think it was €1.44 ish to the GBP. A an idiot abroad dragging his heels cost me £15,000.00 in one transaction when he finally got is act together in February 2016 when £1 then only bought me €1.2525.

Christmas and new year saw €1.19 per £

Today, even changing millions wont see much of €1.12-€1.13

I can't see parity on the cards (yet) but then I am no expert.
 

EX51SSS

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Jul 18, 2015
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I think that IF the Euro survives then the £ will rally against it, maybe not in a couple of months but in time to come.
We're travelling through euroland in May and we'll get what we get. I thought of changing some now but I'll leave it. Got some left over when it was riding high but we'll just buy as we like and don't worry what we're getting. The holiday is for relaxation not fretting

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Apr 23, 2010
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So we
Ahead of the speech, German Chancellor Angela Merkel urged the business community in her country to back her stance on Brexit, saying: "I'm asking you as representatives of the business world to act together with us, because should it become apparent that you can get full access to the single market even if you can choose certain things then we risk that every country cherry picks. That's why politics and business need to act together."


can't have access to the E.U. well Mrs Merkel is very worried that we will:-

Seems the very very greedy people are very very worried.
 

DuxDeluxe

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Will May's speech on Brexit later today put the pound into free fall. A hard Brexit could be announced........what do you think.
Answer, as I said above, is "no"

Pound continues to rally
Posted at12:19


The pound continues to climb, now at $1.2247, up 1.7% for the session.

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OP
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Aug 27, 2009
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Oh come on.... worst :reel: attempt of the year so far..... surely you can do better than that?
The year is young DD... I have no personal pain or gain from the euro but I did note that it will be 2019 before the final document is put to both house's for agreement. Today is just one step of the ladder, what if the final doc is rejected in 2019..:)

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Apr 23, 2010
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The year is young DD... I have no personal pain or gain from the euro but I did note that it will be 2019 before the final document is put to both house's for agreement. Today is just one step of the ladder, what if the final doc is rejected in 2019..:)

Because once you have jumped off the diving board,you can't change your mind about staying on:rolleyes::cool:
 
Feb 9, 2008
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So we
Ahead of the speech, German Chancellor Angela Merkel urged the business community in her country to back her stance on Brexit, saying: "I'm asking you as representatives of the business world to act together with us, because should it become apparent that you can get full access to the single market even if you can choose certain things then we risk that every country cherry picks. That's why politics and business need to act together."


can't have access to the E.U. well Mrs Merkel is very worried that we will:-

Seems the very very greedy people are very very worried.
Looks like we will have access to the single market as does many other trading nations that are not members of the single market. It's just down to terms that are agreed and I cant see the EU shooing itself in the foot by imposing harsh reciprocal arrangements. A brilliant speech by May IMO and very clever too.
 

EX51SSS

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That's not going to be good for exports is it.....;)
Well we can't have it both ways. Many on here whinging about the fall in the value of the £ and how much more things will cost and when we get a small rally, some say it's bad for exports.
Lets do the opposite. When the £ falls, let's cheer and say it's good for exports and when the £ rises, let's cheer and say it's good for imports and holidays.
No matter which way it goes, there'll always be someone who wants to highlight the negatives

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Aug 18, 2014
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Because once you have jumped off the diving board,you can't change your mind about staying on:rolleyes::cool:

Yes you can .Even once article 50 is invoked you can still decide at the 11th hour that you'll stay. Might be a financial penalty but there is nothing to stop you rescinding it.

Looks like we will have access to the single market as does many other trading nations that are not members of the single market. It's just down to terms that are agreed and I cant see the EU shooing itself in the foot by imposing harsh reciprocal arrangements. A brilliant speech by May IMO and very clever too.

??? How?? No freedom of movement = no single market . There is no discussion. As Merkel said, you can't cherry pick the bits you like & dump the rest.
 

Glandwr

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Turns out that today saw the biggest rise in Sterling in one day since 2008. According to the FT it's value had been discounted because of the advance briefing that we would leave the single market and customs union. On hearing the (un pre released news that both houses would have a deciding vote on the deal at the END of the process) the pound shot up.

What do you think that says?

https://www.ft.com/content/07025c5c-dc97-11e6-86ac-f253db7791c6
 

Khizzie

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Turns out that today saw the biggest rise in Sterling in one day since 2008. According to the FT it's value had been discounted because of the advance briefing that we would leave the single market and customs union. On hearing the (un pre released news that both houses would have a deciding vote on the deal at the END of the process) the pound shot up.

What do you think that says?

https://www.ft.com/content/07025c5c-dc97-11e6-86ac-f253db7791c6
Think it says the minority whining class hope they can change the will of the majority...

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Apr 23, 2010
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Dont recall the PM saying she was going to cherry-pick the best bits,I do recall her saying they wouldn't continue paying billions into the EU,so Merkel needs to be careful she doesn't choke on a cherry pip.
She the PM has said the very things the EU didn't want to hear,we will be leaving the single market,so Mrs Merkel will be doing the cherry-picking methinks.:LOL:
 

Badknee

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I don't think Merkel will be around when the dust settles. Kicking us in the nuts as far as trading partners goes. Ok so no more Mercs, VW's, BM's, Citroen, Renault, Peugeot's, Fiats, etc, etc, etc coming here then?

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EX51SSS

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??? How?? No freedom of movement = no single market . There is no discussion. As Merkel said, you can't cherry pick the bits you like & dump the rest.
At this present time, that's only speculation. She isn't the only one making that decision. She may feel that's what she wants but the money people in Germany may decide differently.
Who knows, it could be that we get global deals and the EU are rushing to get their share of our business.
We all need to take a step back and stop speculation irrespective of what is publicly said from whichever country. Hard facts!!!!!
 
OP
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Aug 27, 2009
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I don't think Merkel will be around when the dust settles. Kicking us in the nuts as far as trading partners goes. Ok so no more Mercs, VW's, BM's, Citroen, Renault, Peugeot's, Fiats, etc, etc, etc coming here then?
No more BMs...:eek: Blimey! what are the baldy headed short angry men going to drive.:)

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Oct 8, 2014
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I know you are a jag fan DD, I have again been driving an F type R for the past 3 weeks, what a fantastic machine it is, 3.4 secs to 60 can be a bit frightening when you hit that peddle on the right but what a fantastic car it is. I wouldn't entertain BMs if one of them was the option.(y)

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Khizzie

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I know you are a jag fan DD, I have again been driving an F type R for the past 3 weeks, what a fantastic machine it is, 3.4 secs to 60 can be a bit frightening when you hit that peddle on the right but what a fantastic car it is. I wouldn't entertain BMs if one of them was the option.(y)
Had an older BM 318i ..hated it .most uncomfortable car I have ever owned. Put me off BMs for life. Roy
 
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The man tipped to be Donald Trump's ambassador to the European Union has told the BBC the single currency "could collapse" in the next 18 months.

Professor Ted Malloch said he would "short the euro" - taking a market position which bets on the value of the currency falling.

http://www.bbc.co.uk/news/business-38749884

Pete
 
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The man tipped to be Donald Trump's ambassador to the European Union has told the BBC the single currency "could collapse" in the next 18 months.

Professor Ted Malloch said he would "short the euro" - taking a market position which bets on the value of the currency falling.

http://www.bbc.co.uk/news/business-38749884

Pete

And that's part of the problem, pricks like that and speculators attempting to manipulate markets for their own greedy ends.:(

First against the wall come the revolution:)

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