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MarkyB

The Dollar Has Been Spooked!

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http://newsvote.bbc.co.uk/2/shared/fds/hi/...12/intraday.stm

dollars are now more expensive by 1% than this morning, 2% more than when I got my dollars a few days ago!

nothing to do with interest rates of course! :P

Does that not push oil up by the same margin? :blink:

just for clarification purposes, and of course, is oil not driving inflation at the moment? :ph34r:

do we need to wait till inflation shoots up before we raise the rates? B)

sign of the times I feel! :unsure:

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Forgive me if I'm wrong, but if the cost of dollars is increasing doesn't this mean that it's the pound that's been spooked, and the dollar is strengthening?

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Forgive me if I'm wrong, but if the cost of dollars is increasing doesn't this mean that it's the pound that's been spooked, and the dollar is strengthening?

When America sneezes.......................

If we are headed for a market crash (20% +) and a follow on recession the US will do better than Europe.

U.K. £ =

1.8436

I am hoping to see 1.60's by the end of the summer. Once the world sees Gordon's "economic miracle" for what it is, HPI and MEW based on cheap credit, sterling will adjust to reflect the fundamentals. IMO at least.

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  • 301 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%



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