And the Yen?
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
If you want to pretend Sterling is doing well, knock yourself out.
UK might not be (as) exposed to the supply problem but the price rises will destroy our economy anyway. While EU governments have adopted measures that keep a lid on inflation we have decided to let it rip.
This year EUR and GBP and pretty close in losses vs the USD but GBP started from a relatively weak position anyway after years of turmoil.
You'll see sterling rise in bull markets and fall in bear markets that is just how it is due to our massive trade deficit amongst other things.
Soldato
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Sterling dropping 3 cents in 24hr is not normal. Cash not king here anyway, King retired a while back 
he is moaning about inflation, poor policy etc. now
he is moaning about inflation, poor policy etc. nowNah, you're right, it has tanked against the Ruble as well.
So has the USD! A few weeks ago the Ruble was the world's best performing currency this year.
absolutely ,safe haven dollar ,ftse all world tanked yesterday but more interest rate talk across the pond dollar shot up ,my vwrl that tracks the allworld (dollar fund) goes up
the ftse also likes a strong dollar as 75 percent of the revenue from it is from overseas (news to the fantasy portfolio guys on here
)Edit sticks an emoji in there , I've had caffeine now
Soldato
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In theory this is simple. Gov debt is up but lower as % GDP
but still confusing does it trigger anything from imbalance. Every USA citizen 'owes' 70k from birth. Every Norwegian has a similar amount in surplus saved up for them, small nation big oil [US$190,000 per capita]
but still confusing does it trigger anything from imbalance. Every USA citizen 'owes' 70k from birth. Every Norwegian has a similar amount in surplus saved up for them, small nation big oil [US$190,000 per capita]
If you don’t hold sterling then it’s doing well
Rolls Royce back at 80p... Still seems like they have a lot of potential, and back making profit this year, tempted to buy. But then again could take a long time for their business to get back to where it was, and any money from reactors will be a long time coming, and vulnerable to any future shock to air travel. Also expecting the recession to bite soon... Hmm
Soldato
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End of the Decade for the 'fast' build reactors. a lot of time to us but thats very rapid, I presume it doesnt have to be finished and working for them to have been selling the big parts going into it.
Soldato
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Don't know specifically what these graphs are about but doesn't look good
RR has been good to me over the last few years, made some good trades. Bought the dip again
RR has been good to me over the last few years, made some good trades. Bought the dip again
Got To say it is a tempting One.
Its almost universally declared as under valued.
These mini nuclear projects sound exciting too
Numbers below 50 indicate contraction.
I've always wanted a house builder. Been watching persimmon for a while. Been resisting due to incoming inflation and thus rate rises and thus housing crisis.
But its at a 5 year low now.
Still holding off. But temptation is there
But its at a 5 year low now.
Still holding off. But temptation is there
Soldato
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you might like segro instead