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This is not the result of the post-Brexit vote. It is just convenient event to excuse greed.
by elcct 10y ago
This is not the result of the post-Brexit vote. It is just convenient event to excuse greed.
- Veen 10y agoIt's a little of both. It's a simple fact that the pound has plummeted against the dollar. You can claim that has nothing to do with Brexit, but it would be quite a coincidence. Not that I'm complaining really. I'm a UK citizen but I work remotely for an American company and get paid in dollars. My income has actually increased by a nice amount because of Brexit. I get more pounds for my dollars than I used to. That's not going to help me buy a new Macbook though, because Apple have raised prices to compensate.
- elcct 10y ago> It's a simple fact that the pound has plummeted against the dollar. Again, that's market makers want to make money using event as an excuse
- Veen 10y agoYeah, it's a well know fact that currency traders like to sell currencies they think will rise in value, and buy currencies that won't. Thereby creating the current situation where the pound, which would otherwise have rocketed in value post-Brexit vote, in fact goes down the crapper.