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12 replies to this topic | 45 praises

#1

Posted 07 October 2016 - 12:11 PM

minion
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The British pound fell more than 6 per cent to below $1.20 in two minutes on Friday amid concerns over the UK’s exit from the EU.

 

Shortly after currency markets opened in Asia on Friday, the pound lost as much as 6.1 per cent to $1.1841. The sharp nature of the move sparked speculation that it could have been triggered by a mistaken “fat finger” trade or a rogue automated algorithm, exacerbated by thinner liquidity during early Asian trade.

It was the currency’s lowest since May 1985 and the biggest intraday drop since the 11.1 per cent plunge on June 24 in the wake of the UK’s voteto leave the EU.

 

https://www.ft.com/c...b7-e7ada1d123b1

 

 

 

 

Pound expected to drop as much as 10% on Brexit 'leave' victory

 

 

http://www.cnbc.com/2016/06/17/british-pound-expected-to-drop-10-on-brexit-leave-victory.html

 

If Britain votes to leave the European Union, the pound is expected to drop as much as 10 percent against the dollar, according to Stacey Gilbert, head of derivative strategy at Susquehanna Financial Group.

 

If there's an exit vote "I would say right now in terms of the pound we're seeing a move to 8 to 10 percent on the downside. That's a huge move in terms of a currency," Gilbert said Thursday on CNBC's Power Lunch.


Edited by minion, 07 October 2016 - 12:12 PM.


#2

Posted 07 October 2016 - 12:22 PM

Vid
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Buy buy buy

 

:D


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#3

Posted 07 October 2016 - 12:24 PM

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Dropped too much liao... Maybe time to buy a bit :)
Rich: is not about how much you have, but how much you give.

The sky has turned brighter.
There's a glorious rainbow that beckons those with a spirit of adventure and there are rich findings at the end of that rainbow.
Find that rainbow, go ride it.

#4

Posted 07 October 2016 - 12:27 PM

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say trigger article 50 only ... plunge 6%

by mar 17 when theresa pull the trigger

gbp will plunge 30%? [sly]


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#5

Posted 07 October 2016 - 01:13 PM

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god save the queen :grin:

#6

Posted 07 October 2016 - 01:47 PM

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Queen no time to knight ppl liao, keep having nightmare.
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#7

Posted 07 October 2016 - 01:56 PM

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Buy buy buy

:D


Why so fast buy? The show just going to get started, wait till show going to end then buy leh.. Show ending then it is a good opportunity to go in as it fall until cannot fall lao... Haha
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#8

Posted 07 October 2016 - 01:57 PM

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gone up liao   [laugh]


骑白马的不一定是王子,可能是唐僧;带翅膀的也不一定是天使,有时候是鸟人。

#9

Posted 07 October 2016 - 01:58 PM

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gone up liao [laugh]

Panic sell, panic buy. This show just started. Very volatile..

Just sit back relax and enjoy the show with pop corn.

Edited by Yewheng, 07 October 2016 - 02:00 PM.


#10

Posted 07 October 2016 - 02:29 PM

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question is.......

 

 

how do we know when the show ending? :D

 

 

Why so fast buy? The show just going to get started, wait till show going to end then buy leh.. Show ending then it is a good opportunity to go in as it fall until cannot fall lao... Haha

 


______________________________________________

#11

Posted 07 October 2016 - 02:53 PM

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question is.......


how do we know when the show ending? :D

When trump wins, it just begin :D
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#12

Posted 07 October 2016 - 02:53 PM

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US dollars went up. Traders seeking shelter.


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#13

Posted 07 October 2016 - 03:04 PM

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god save the queen :grin:

 

God save the Queen's pound ....... :yuush:

 

Slightly overweight ... [sly]

 

 

:XD:


US dollars went up. Traders seeking shelter.

 

 

Singaporean also seeking shelter .... :a-panic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

KNS........ raining whole day .. :lll._.:


Edited by Picnic06-Biante15, 07 October 2016 - 03:01 PM.

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