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Why is the 1800X £500? $500 should make it ~£400?

vanillaface said:
no longer be ruled by a foreign dictatorship
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Facepalm. At best, we've taken a bit of control away from pretty useless and often corrupt European politicians and bureaucrats and given slightly more control to pretty useless and often corrupt British politicians and bureaucrats. Good luck with that!
 
vanillaface said:
Wrong.
What caused the £'s fall was it's overvaluation.
The Brexit vote was merely the shock which caused the traders to realise this.
If there had been no Brexit vote, then the £ would have lost it's value anyway, since the underlying factors which caused its fall would still have been there.
If the Brexit vote had caused a drop, then it would have rebounded back in short order when everyone realised that it was merely the Brexit vote which caused the fall and not anything else. See the FTSE value since Brexit for details of this.
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Always makes me chuckle when people post their opinion as fact.
My opinion, currency and FTSE not always linked. If Brexit caused it to drop the aftermath doesn't mean it should have risen again just because the FTSE has. A few reasons the FTSE has risen - companies expected t make more profit who sell abroad due to the lower £, the global economy and the USA in particular markets doing well, and of course Brexit doesn't happen for a while anyway so the initial FTSE sell off was replaced with the reality that it would take a while to happen.
The £ will likely drop further as we actually Brexit (not just vote on it and talk about it)but that does not mean the FTSE will too but if the world perceives the UK companies to lose out, expect a crash at Brexit time.
 
Erm CPU's guys go argue dollar value in speakers corner under the brexit thread or something we don't need that in here thanks.

:)
 
vanillaface said:
Wrong.
What caused the £'s fall was it's overvaluation.
The Brexit vote was merely the shock which caused the traders to realise this.
If there had been no Brexit vote, then the £ would have lost it's value anyway, since the underlying factors which caused its fall would still have been there.
If the Brexit vote had caused a drop, then it would have rebounded back in short order when everyone realised that it was merely the Brexit vote which caused the fall and not anything else. See the FTSE value since Brexit for details of this.
Click to expand...

This is total bobbins by the way.
 
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