Pound falls 4.6%, biggest fall in 6 years

[Excel]

Today the pound fell significantly adding further pressure to energy prices and of course those with a GBP income but living outside the UK will not be too happy either.

[Mac Mickmanus]

The Pound is currently higher than it was one week ago

[Stocky]

The GBPeso is going one way only, and I see no good news on the horizon to change that.

 

 

[MrMuddle]

The fall is not in a single day, as your headlines suggests, but over the month of August. Don't panic, Captain Mainwaring!

[whereyougo]

40 minutes ago, Stocky said:

The GBPeso is going one way only, and I see no good news on the horizon to change that.

 

 

Ugly. Poor British pensioners don't even have their money indexed

Edited September 1, 2022 by whereyougo

[Kwasaki]

42.5 no problem.

[Mac Mickmanus]

1 hour ago, Stocky said:

The GBPeso is going one way only, and I see no good news on the horizon to change that.

 

 

Or  you could cherry pick some other dates ?

 

 

[DezLez]

1 hour ago, Stocky said:

The GBPeso is going one way only, and I see no good news on the horizon to change that.

 

 

What horizon are you using?

[ThailandRyan]

USD at $1 to 36.75 this evening, wonder why a few indexes are up and others down versus the THB.....

[Excel]

11 hours ago, MrMuddle said:

The fall is not in a single day, as your headlines suggests, but over the month of August. Don't panic, Captain Mainwaring!

Pound in biggest monthly fall against the dollar since 2016 - BBC News

[Kwasaki]

2 hours ago, Excel said:

Pound in biggest monthly fall against the dollar since 2016 - BBC News

No news really because there's nothing anyone can do about it so don't worry about it. 

[KhunLA]

14 hours ago, Stocky said:

The GBPeso is going one way only, and I see no good news on the horizon to change that.

 

 

 

[Stocky]

13 hours ago, Mac Mickmanus said:

Or  you could cherry pick some other dates ?

Simply charting the last 12 months isn't exactly cherry picking! What happened 1, 2, 3 4, 5 year ago is hardly relevant to the current plight of the UK economy is it?

[Stocky]

13 hours ago, DezLez said:

What horizon are you using?

The one staring the UK in the face, the next 1 to 2 years. 

[placeholder]

On 9/2/2022 at 9:53 AM, Kwasaki said:

No news really because there's nothing anyone can do about it so don't worry about it. 

What does not being able to do anything about it have to do with a subject being newsworthy?

[VocalNeal]

8 minutes ago, placeholder said:

What does not being able to do anything about it have to do with a subject being newsworthy?

Not having to worry about it???? 

[placeholder]

 

26 minutes ago, VocalNeal said:

Not having to worry about it???? 

I guess we can all that the "It's all about me standard"

[BritManToo]

On 9/1/2022 at 7:45 PM, Stocky said:

The GBPeso is going one way only, and I see no good news on the horizon to change that.

 

 

The GBPeso is being forced down by unsuitable candidates for pm. 

1 a woman

2 a non white

 

Once the uncertainly is over it will rise again as it always does. 

 

Now explain the fall of the oz, NZ, can and euro pesos! 

[arithai12]

On 9/4/2022 at 1:09 PM, BritManToo said:

The GBPeso is being forced down by unsuitable candidates for pm. 

1 a woman

2 a non white

 

Once the uncertainly is over it will rise again as it always does. 

 

Now explain the fall of the oz, NZ, can and euro pesos! 

Maybe. btw, which uncertainty? Isn't "1" the one?

 

Or maybe, it's the dramatically rising cost of energy compounded by the announcement that NordStream2 will not stream as much as hoped this winter. Domino effect on all western markets.

The bill should be picked up by the one country that is really behind this prolonged so-called Ukr-Rus war.

The US dollar affected less due to the aggressive defensive policy of its central bank, but its economy  still feeling the pain and entering recession.

 

[BritManToo]

9 minutes ago, arithai12 said:

The bill should be picked up by the one country that is really behind this prolonged so-called Ukr-Rus war.

It's actually UN policies causing price rises on everything.

[Kwasaki]

21 minutes ago, BritManToo said:

It's actually UN policies causing price rises on everything.

Yeah but the US a powerful member with its experiment being run by a comedian still has great affects in UK and Europe.