Re:Hong Kong Exchanges Bids $39B to Take over London Stock E...
by roywiggins on Wednesday September 11, 2019 @01:16PM
(#20942468)
Look at the volatility of the pound. It's not moving with news about the long term effects of Brexit, it's moving with the short-term political news. The range of uncertainty is incredibly large: when, how, and whether Brexit happens is still up in the air.
Conditioned on Brexit actually happening, a prediction of a weaker pound is reasonable.
Conditioned on Brexit actually happening, a prediction of a weaker pound is reasonable.