It appears that the US vaccination programme has nearly caught the UK now and will surpass the 100m in 100 days significantly.
s
I am sure one of you geniuses will tell me what are the strengths underlying the £ against the $. Apart from a slightly faster rollout of the vaccine I can’t see any. Look forward to your comments.
a
Hello,I recently invested in a UK firm (I am American). The value of GBP/USD is at a all time high of 1.38, compared to the 1.2 in the pre-pandemic time. So I got a pretty #$%$ deal, right of the back.In 2 to 3 years, when I sell the UK firm, and I want to return the assets back to USA. In the future, the dollar becomes stronger and the GBP/USD is 1.2.If the stock price is the same now, as it is in 2 years, would I have lost 15% just because of currency exchange?
O
It is so hard to invest in US stocks when your fighting a losing battle with the exchange rate.
s
Uk Budget throws more public money at the problem and demonstrates no means to balance the budget.
S
i love my country but want it's currency lower to help my dying US stocks
A
whatever happened to my US stocks purchased at 1.33 (which felt like a good rate, not so long ago!)
M
Give it time, it’s all just stimulus/pandemic optimism that’s rising this. Eventually it should calm down and come back down to reality
s
Uk economy craters by 10% in 2020 and it looks like post furlong it is going to fall by as much if not more this year plus Billions of £‘a in investment leaving the economy now.
S
When the exchange rate is the only thing making me money on my portfolio 😂
H
GBP bound to drop
S
this is insane. UK is still over reacting to COVID and keeping us all imprisoned seemingly forever. borrowed 500 billion, more to come.
n
My portfolio is dying, heavy in US 😬😬 oops
s
Not surprisingly the £ is floating along with fx traders looking at the chart analysis not buying on the lows and ignoring the fundamentals e.g. unemployment, gdp, inflation all going the wrong way and clear signs of weakness.
P
Why the GBP going up, the UK is not in a healthy economical state.
b
1.37700 is inevitable it will happen
j
As long as the Fed and ECB continue to coordinate on QE and ZIRP/NIRP, £ is bullish. BOE aren’t MMTers.