Originally Posted by MTUK1:
“Yawn, Is there no end to your anti British narrative? It's as if you've never heard of a currency going up and down. Tell is the the Eur/USD exchange rate now and a year ago.”
The anti-British rhetoric comes from the Brexiters like Farage and his ilk.
Devaluing sterling is bad for Britain.
Making British business targets for buy-outs by the US, China, Germany & Japan is bad for Britain.
Cutting ties with our main trading nations is bad for Britain.
Cutting ties with our allies during an unstable political period is bad for Britain.
Destroying British jobs is bad for business.
Currencies fluctuate in trading ranges through daily interactions.
If there's a seismic change in conditions, the currency will fall into a new, lower trading range.