Tag Archives: pound

Boris Johnson’s Brexit bus is broken

As Conservative Party members vote for the next UK prime minister — the one who will maybe, possibly, finally take Britain out of the European Union — they face a depressing choice: neither of the candidates is prepared for the role, and neither will create any ‘Brexit dividend’.

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If you are stockpiling ahead of Brexit, you need to stop

I know the chances of anyone paying attention to this article are slim, but it’s worth putting it out there nevertheless. If you are stockpiling to prepare for Brexit, as it increasingly is the fashion, you need to stop. You are doing yourself and the others around you more harm than good.

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The UK’s own shaky currency union could give lessons to the eurozone

Among the analysts and politicians criticising the single European currency, perhaps the most numerous (and vocal) come from Britain.

This should be no surprise: the UK itself is a currency union, and those working within it should know a thing or two about why such a regime does not really work.

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The most overcrowded trade of the month

Being long US dollar is the most overcrowded trade for August, while this month the pound is the most overvalued since November 2008, a survey of fund managers showed.

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The British pound is 10% overvalued against the euro

If you’re going on holiday to Europe and haven’t yet bought any euros, maybe you should hurry. Unless Greece really exits the eurozone (and that can still happen), the pound’s advance versus the euro seems limited from here on.

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UKIP is doing Britain more harm than good

With the UK election getting close, it is becoming more and more obvious that the extremist UKIP party is doing the country more harm than good, especially from a business point of view.

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‘Stay away from UK assets’ before the election

The Bank of England kicks off the year’s major central banks monetary policy meetings on Thursday, but don’t expect any fireworks.

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