Currency slide

Discussion in 'Bulletin Board ARCHIVE' started by BFC Dave, Jun 24, 2016.

  1. BFC Dave

    BFC Dave Well-Known Member

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    I wonder how long before Bank of England raise interest rates ?
     
    BFC Dave, Jun 24, 2016
    #1
  2. Burgundy Red

    Burgundy Red Well-Known Member

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    S&P say UK is likely to lose AAA credit rating so it's going to cost the government more to borrow money too.
     
    Burgundy Red, Jun 24, 2016
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  3. JamDrop

    JamDrop Well-Known Member

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    The one possible good thing (for me) that might come out of this. There's been lots of talk of house prices falling and on the flip side of that will be interest rates rising. It's horrendous for people who have just bought a house (which was very, very nearly me) but it may work out well for us.
     
    JamDrop, Jun 24, 2016
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  4. Bossman

    Bossman Well-Known Member

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    I'll be interested to see how it affects the Euro
     
    Bossman, Jun 24, 2016
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  5. pin

    pingiskola Well-Known Member

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    We can't play on Monday now Roy !!!!!!
     
    pingiskola, Jun 24, 2016
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  6. Bossman

    Bossman Well-Known Member

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    :-D
     
    Bossman, Jun 24, 2016
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  7. W1z

    W1zz Well-Known Member

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    $ down 8.33%
    € down 5.63%
    FTSE down 6.94%

    Stock market was up £105 billion last week. The sky ain't going to fall in any time soon.
     
    W1zz, Jun 24, 2016
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  8. Carlycu5tard

    Carlycu5tard Well-Known Member

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    How long before the public school boys in the city grow up, stop panicking and the currency pulls back.
     
    Carlycu5tard, Jun 24, 2016
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  9. Ged

    Geddiswasguud Well-Known Member

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    Everyone will jump on this.....we knew it would happen if there was a brexit.
    Short term there will be markets bombing.....these things self repair and stabilise all this sensationalism is just that......great for the media though.
     
    Geddiswasguud, Jun 24, 2016
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  10. Tek

    Tekkytyke Well-Known Member

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    Euro now -3.6% so nowhere near (YET!) the massive falls predicted by Osborne.. still around 1.24 Several years ago was around parity
     
    Tekkytyke, Jun 24, 2016
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