3 ms·
Dollar Drops on Trump Comments as May Boosts Pound
- mtgx 10y agoTalk about "boosting" the pound when it surpasses the level it was at pre-Brexit referendum. Until then that word should not be permitted, let alone be attributed to these pro-Brexit politicians. Some rebound is of course going to happen, after a huge decline (which should still continue over the medium-term), but it's likely not going to arrive at the pre-Brexit referendum for a long, long time.
- moomin 10y agohttps://en.wikipedia.org/wiki/Dead_cat_bounce https://en.wikipedia.org/wiki/Dead_cat_bounce
- verytrivial 10y agohttp://www.xe.com/currencycharts/?from=GBP&to=USD&view=1Y http://www.xe.com/currencycharts/?from=GBP&to=USD&view=1Y -- if you look very carefully at the rightmost 3 pixels, you can almost see this "boost" (or SURGE! as the pro-Brexit tabloids are calling it). Nothing to see here.