Archive - October, 2016


Cable is now down over 17.5% since the UK voted to leave the EU back in June and appears to have now stabilised below the 1.23 handle. Some say the currency was overvalued for years and its fall post-Brexit could serve as a release valve help loosen the stranglehold of the financial elites over the UK economy, which is just now just rebalancing as expected. Exports will, no doubt, ultimately be boosted by the weaker pound. It is pretty obvious that being the unrivalled fina…

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