Pound Sterling Doing Better

[emmie]

than predicted

http://www.bbc.co.uk/news/business-42661361

[zebo]

Good, I need to buy dollars soon!

[emmie]

The surge to almost $1.37 came after Bloomberg reported that the Spanish and Dutch finance ministers had agreed to seek a Brexit deal that kept the UK as close to the EU as possible.

The pound rose more than 1% to $1.3691, its highest level since 24 June 2016.

so more good news..

[emmie]

you would think more people would be go whooppee

[gulliver1]

Doing better than what? the exchange rate is crap.

[jno]

much of the improvement in British business abroad came on the back of a devaluing pound, which makes British goods cheaper elsewhere. If the pound perks up, exports risk doing the opposite.

[emmie]

doom and gloom seems to pervade your lives, i thought for once there is some hope that with the currency being more buoyant you would be pleased...

[emmie]

better news on here perhaps

https://www.theanswerbank.co.uk/News/Question1588751-2.html#answer-11318772

[lindapalmara]

Whoopee Emmie. Great news. Apparently, ironically Belgium is also thinking the same way as they export so much to the UK.

[ichkeria]

If the pound gets stronger then the manufacturing boom based on a ... weak pound .. will falter

[ichkeria]

Sorry, that old misery guts jno got in before me :-)

[New Judge]

“…you would think more people would be go whoopee”

You might think so. Until you read this as well:

“The surge to almost $1.37 came after Bloomberg reported that the Spanish and Dutch finance ministers had agreed to seek a Brexit deal that kept the UK as close to the EU as possible. .”

People who voted to leave the EU did not do so in order to see the country kept as close as possible to the EU (not to be confused with Europe). They did so to see the UK diverge as far as possible from that pernicious organisation.

[ichkeria]

Well, you wouldn't actually for the reasons stated above.
The traveller's joy is the exporter's woe

[ToraToraTora]

you gotta love the VB in chief jno, if the pound goes up it's bad for exports if it goes down we are down the kasi. Every silver lining has a cloud eh jno?

[Zacs-Master]

As NJ (a staunch leaver) has pointed out, the rally was based on speculation that a deal was being done to tie us in to the EU and lessen the impact of Brexit. Hardly a cause for joyous celebration.

[Togo]

//doom and gloom seems to pervade your lives, i thought for once there is some hope that with the currency being more buoyant you would be pleased..//

Emmie.... when the £ was falling they were squealing we're doomed. The same gainsayers are now of course predicting that the rise in the value of the £ is a definite sign that we are( you ahead of me here aren't you) indeed Doooooooomed. Meehh.
Certain people will twist every scrap of data to undermine the confidence in Britain, because they have no vested or emotional connection to the United Kingdom.

[emmie]

togo
you could be right, all this negativity gets me down though. If our currency is doing better and exports and manufacturing are doing well, what's to crib about.

[emmie]

i and others on here are not b******* if you please.

[Zacs-Master]

Interesting which bit of diddly’s post you chose to comment on emmie. Ignoring the painful truth?

[jno]

told you before, you can call me V all you want but don't you dare insinuate that I'm British, that's a disgusting slur.