https://www.poundsterlinglive.com/gb...sche-bank-3434

What I find more interesting however is that the Chinese Yuan is now one of the world's most overvalued currencies. What does an overvalued Yuan mean? Increased capital flight from China (last year it was $1 trillion worth).

This would be the same Deutsche Bank that is in financial and regulatory trouble and in danger of going bust would it ?

http://www.telegraph.co.uk/business/...inancial-worl/

http://www.telegraph.co.uk/business/...down--and-the/

https://www.theguardian.com/business...into-this-mess

https://www.thestreet.com/story/1368...g-trouble.html

and many many more articles

Perhaps we should take what Deutsche Bank say with a pinch of salt until they can run themselves properly and profitably.

There were some who said sterling was overvalued before the referendum vote and now after the the vote to leave and the subsequent fall in sterling we have DB saying it is undervalued. The fact is nothing has fundamentally changed yet with regard to the UK economy.

The BOE said it had become a political currency now.

Once A50 is evoked expect it to drop again before currency speculators start making a killing on it.

because it was forced to bail everyone else out?

Nope, DB is not a national bank.

We get what we get in euros, dollars etc at the money exchange when going on holiday.

If we get €2.05 or $1.63, or only €0.85 or $0.74, that's what we get. There's no point in moaning or complaining about it if you don't get well in excess of €1 or $1 in exchange for every ￡1 when off to Paris or New York. It's no more of an outrage than if someone holidaying in the UK from Barcelona or Las Vegas only got 55p or 73p in exchange for every €1 or $1.