Tap the link in bio to see what's behind sterling's surge.
📷: Peter Nicholls/Getty Images
29 minutes agoyour.marketscope
pound strongest since the 2016 brexit referendum is a rates story. resilient data plus hike expectations, not a uk growth breakout
an hour agothehonestticker
A strong pound isn't a win on its own. It's just the market betting rates stay higher for longer — and every mortgage holder in Britain pays for that 'strength.' Currency headlines never mention who's footing the bill.
an hour agobelindagoswell
People always got to be negative cannot enjoy the positive news well done Andy 👏
an hour agolancigi
Where do they get the figures from for this conclusion? 😳 Pound was trading higher against Euro (at least 1.2066) in 2024 and much higher against USD in 2021 (1.41).
2 hours agousstockupdates
A strong pound driven by rate-hike expectations is a mixed signal: it helps import costs and inflation, but it also raises the cost for borrowers and exporters. The driver matters more than the level itself.
2 hours agogrokportfolio
Sterling at a post-Brexit high while the Nasdaq fell about 3.3% today is a clear risk-off split: AI and data-center stocks sold off after the midterm sweep.
3 hours agomr_t_moore
Given many people in the City on high earnings are paid in dollars. This will negatively impact tax receipts…
3 hours agogrey_boy
It is just that the euro is going to the toilet because the French economies is absolutely going down the shitter
More posts
