Sterling forecast to fall to parity against the dollar - BBC

[myaquarium]

the Pound is at its correct value wether we are in Europe or leaving. The dollar is really strong at the moment due to their booming economy.
If us economy dipped or went into recession the pound would bounce back. The world has had a long time to get use to brexit and to the real value of the pound. It’s still a 25% bonus for us brits to spend over there

[Moorlandman]

Originally Posted by myaquarium

the Pound is at its correct value wether we are in Europe or leaving. The dollar is really strong at the moment due to their booming economy.
If us economy dipped or went into recession the pound would bounce back. The world has had a long time to get use to brexit and to the real value of the pound. It’s still a 25% bonus for us brits to spend over there

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Sorry, but this is complete nonsense.

[myaquarium]

The pound has been at this level for 2 years since the brexit vote. That’s it’s true value. If it was worth more then the market would reflect this. Unless you think there’s a conspiracy against the pound to keep it deflated. The market has already reacted to us leaving.

[myaquarium]

Originally Posted by Moorlandman

Sorry, but this is complete nonsense.

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Can you explain why I’m not an expert and always willing to learn.

[Moorlandman]

Originally Posted by myaquarium

Can you explain why

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Yes, but i’m guessing you won’t agree😀

[Rik666]

Maybe cos America have a great president that cares about his country and jobs. So the dollar is strong, whereas we have Theresa may, the biggest pushover and wet lettuce, so the pound is a mess.

[jas72]

Aw please not another Brexit will it won't it discussion.

The rate is ok at the moment like I've said many a time I remember just after the EMU getting 0.83$ to my 1€ still went and still had a great time.

It's all relative. Most of my trips are paid upfront in Euro all i'm taking to Boston is some spending cash (around 2K so a dip of 20% even is still only 400$). In which case I'll shop less.

[jas72]

Originally Posted by Rik666

Maybe cos America have a great president that cares about his country and jobs. So the dollar is strong, whereas we have Theresa may, the biggest pushover and wet lettuce, so the pound is a mess.

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I love scarasm Rik although a few here will think you are telling the truth

[TigerMom]

Originally Posted by Moorlandman

Sorry, but this is complete nonsense.

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No it's not. I went to Orlando with friends in 2000 and I got $1.23 for my pound then. Brexit can't be blamed for that. The US economy is going through a boom phase so that's where the currency speculators are investing.

[jndt]

We went in 2000 too - I've just checked the exchange rate and it was 1.51. Where did you get 1.23?