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Pound Sterling Erases Election Gains Over Euro and Dollar after 'No Deal' Brexit Cliff Edge Returns
Pound Sterling Live ^ | 17 Dec 2019 | James Skinner

Posted on 12/17/2019 8:57:01 PM PST by Cronos

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There will be another year of ups and downs for the Pound. if you're up for a bit of speculation, I'd suggest betting on a short term rise on Feb 1 and then a sharp fall to 1.31 or lower by Feb 5
1 posted on 12/17/2019 8:57:01 PM PST by Cronos
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To: Cronos; lewislynn

Didn’t take long for the Bojo Clown to create more of a Brexit mess.

Not sure what his goal is, since he already caved to the EU on Brexit.

Bojo could have had real undisputed Brexit on Halloween.

Now businesses and citizens have to live with more uncertainty.

Meanwhile Bojo is not fooling anyone in the EU because he already caved on October 31.

Leave means Leave.
Bojo could have left.


2 posted on 12/17/2019 9:09:44 PM PST by Berlin_Freeper
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To: Cronos

Interesting the Pound loses value on real no-deal Brexit but increases on UK Vassal State of the EU.

Guess which one will win in the end.


3 posted on 12/17/2019 9:19:31 PM PST by Berlin_Freeper
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To: lewislynn

BoJo will end the UK’s membership of the community on 31 January 2020. That’s going to happen.

The trade deal will be Canada+ since the UK does not want free movement of Poles, Bulgarians and other Europeans to it, but wants free movement of goods and services.

This is the best possible deal that the UK could make for itself and it has done so


4 posted on 12/17/2019 9:30:34 PM PST by Cronos (Re-elect President Trump 2020!)
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To: Cronos
Nov 4, 2019 - Nigel Farage: Johnson's deal is not Brexit
5 posted on 12/17/2019 9:34:54 PM PST by Berlin_Freeper
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To: Cronos

Funny. No one talks about a Norway Deal anymore. Or a “Norway +++ Deal” LoL!

The problem you have with Canada+ is that Canada is not in Europe and the EU being European based has a different criteria for deals with countries in Europe.

Otherwise Norway would be renegotiating for Canada+.

But good luck with that Canada+ thing.

Too bad UK didn’t do Real Brexit on Halloween.
That would have put both the EU and UK in the correct position to make deals and agreements.


6 posted on 12/17/2019 9:51:36 PM PST by Berlin_Freeper
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To: Cronos
BoJo will end the UK’s membership of the community on 31 January 2020. That’s going to happen.
UK will be on the EU teat February 1. You can write that on your calendar.
7 posted on 12/17/2019 9:58:58 PM PST by Berlin_Freeper
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To: Cronos

FINISH it!


8 posted on 12/17/2019 10:00:42 PM PST by ArcadeQuarters (Socialism requires slavery.)
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To: Cronos

I lived in the UK in the seventies. The old EEC was working perfectly as an organization that promoted free trade in Europe. It was brilliant.

The EEC morphed into the European Union. The European Union tried and most successfully took power over individual nations internal policies. Thus the revolt and Brexit. Once the UK is out of this other nations will follow.

The European Economic Community was brilliant. The European Union is a tragedy.


9 posted on 12/17/2019 10:14:19 PM PST by cpdiii ( canecutter, deckhand, roughneck, geologist, pilot, pharmacist THE CONSTITUTION IS WORTH DYING FOR)
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To: Berlin_Freeper
Thanks for exposing your phony support for Brexit AND the UK all along.

You're a fraud, always have been.

BTW, already pretending to be a soothsayer or just a naysayer with wishful thinking... and it's been less than a week.

Stick with what you know best, like liberals and socialists, be they in Germany, EU or California.

Maybe you've had too many soccer balls to your head.

10 posted on 12/17/2019 10:15:02 PM PST by lewislynn (STOP SUPPORTING CHINA AND ANTI-AMERICAN GLOBALISTS! DO IT NOW!)
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To: Cronos
The trade deal will be Canada+
I find it funny how you expect Canada+ as if you are snapping your fingers at an outdoor cafe table on the Champs Elysee.

But in reality you wait forever and then the tiniest cup is placed in front of you for six euros.

11 posted on 12/17/2019 10:17:10 PM PST by Berlin_Freeper
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To: lewislynn

But then I pointed out to you I am posting for real no deal Brexit instead of a vassal State deal...
Comeback when you are sober.


12 posted on 12/17/2019 10:19:09 PM PST by Berlin_Freeper
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To: Cronos

So I should wait until about May to make my next large purchase of British auto restoration parts?

I’ve done about a £1,500 this year for my Land Rover.


13 posted on 12/17/2019 10:19:09 PM PST by Ex gun maker. (Unconstitutional "Law" is void from inception.....)
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To: Berlin_Freeper

The EU will never negotiate a reasonable Brexit. Brussels will simply delay, deflect, and dissemble. They will play for time to hope the UK again loses its political nerve.

Johnson needs to declare Brexit January 1, and let the chips fall where they may. Then negotiate each item wanted with the EU after that.


14 posted on 12/17/2019 10:28:31 PM PST by PGR88
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To: PGR88

OK.
This makes two of us.


15 posted on 12/17/2019 10:30:08 PM PST by Berlin_Freeper
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To: lewislynn

maybe we should cut the guy some slack. after all, his country is run by an east german communist/globalist pig.


16 posted on 12/17/2019 11:13:12 PM PST by 867V309 (Lock Her Up)
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To: Ex gun maker.

My opinion is that mid Feb should be fine. Beyond that it’s too difficult to predict


17 posted on 12/17/2019 11:45:48 PM PST by Cronos (Re-elect President Trump 2020!)
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To: PGR88

I keep asking you, PGR, what do YOU define as “a reasonable Brexit”?

You mean that the UK leaves members of the EU? Then that’s what is happening on January 31.

Boris already declared Brexit January 31 and he’s made the best withdrawal deal


18 posted on 12/18/2019 12:07:37 AM PST by Cronos (Re-elect President Trump 2020!)
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To: Cronos

Isn’t a “no deal” brexit the best for them?
Why should they pay a bunch of money to LEAVE the EU.


19 posted on 12/18/2019 2:01:02 AM PST by Mr. K (No consequence of repealing obamacare is worse than obamacare itself.)
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To: Berlin_Freeper

The UK couldn’t leave in October because Johnson’s opponents forced a delay via the Benn Act that they passed and he lacked the votes to get a Brexit deal through Parliament. His hands were effectively tied.

We had the election last week and the Tories won an 80 seat majority on a manifesto to get it done. It will now happen at the end of next month. There’s no longer any doubt the UK will be formally out of the EU on January 31 at 11:00 am.

Up in the air remains the nature of the post-Brexit relationship the UK will have with the EU and the heavy lifting part takes us to the end of next year:

Getting Brexit done is the easy part. The hard road still lies ahead in the future.


20 posted on 12/18/2019 2:03:15 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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