Pound slumps against euro and dollar as Brexit chaos bites

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Sterling falls to lowest level in more than a month in sign that fears for economy are growing

The pound has slumped to its lowest level in more than a month, as hopes fade that a Brexit deal will be struck.

 

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....and it was lower in 2009 before any discussion on BREXIT so don't try that one Guardian

How many megabucks are Johnson’s crony’s going to make?

it's just noise - but a lower pound would help the UK exporters. Furthermore, since the UK has an independent (from Europe) Bank, the Bank of England can adjust IR's accordingly.

That’s because of the prolonged uncertainty brought about by Parliament in particular The Labour Party ! Brexit GetBrexitDone

Brexit is full of unforeseen consequences.

At least Crispin odey will be happy.

Boris and his mates delighted. Buy up low and fill their pockets with future profits whilst less well off suffer and so it goes on.

More journalists who can't read a chart. The change in the pound today is noise, hardly a slump. Less that 1 cent against the Dollar or the Euro. One day's small change is evidence of nothing.

Odey and friends just need it to go a bit lower ..... Let's see what BorisJohnson and Cummings can come up with tomorrow.

UK's political system is messed up badly. Need to fix it ASAP.

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