Jump to content
House Price Crash Forum
Sign in to follow this  
Surrey cash buyer

Pound Back Above 1.75usd

Recommended Posts

GBP vs USD

Think this is weakness in the dollar because the markets think European and Japanese IRs are to rise.

Dollar Falls After Fukui and Issing Suggest Rates May Go Higher

Dec. 8 (Bloomberg) -- The dollar fell the most in eight days against the yen and the euro after Japanese and European policy makers suggested they will raise borrowing costs.

Share this post


Link to post
Share on other sites

Treasuries strengthening too wayne. Looks like folks are thinking remaining US rate rises might be priced in / GB is gonna start playing catch-up. Comparative short position of commercials and small traders working here too, flagged later on your thread : http://www.housepricecrash.co.uk/forum/ind...ndpost&p=239424

When will we see the FED raise their rates at greater increments to compensate and where does this leave the BoE? Do they just care about the US$ or are they obliged to follow the ECB's stance?

Think you'll find folks are suspecting that the US may start to decelerate tightening whilst UK increases, relatively speaking. That could of course merely mean no change here, whilst the US stops tightening, or it could mean more. This could explain the firming of the £ vs $ (if you like explanations - and I don't).

Edited by Sledgehead

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 336 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.