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A comment on Sterling collapses as investors fly into dollars.

Re:Sterling collapses as investors fly into dollars by hogepiyo on Monday September 26, 2022 @02:42AM (#32980165)
Truss isn't exactly inspiring optimism to say the least, and this is when Europe as a whole already had a pretty bleak outlook.

Times like these you remember those (what feel like an eternity ago) days back in '07 where 1GBP would buy you 2USD...

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Re:Sterling collapses as investors fly into dollars by mytailorisrich on Monday September 26, 2022 @02:56AM (#32980246)
A lot, if not most, of the movements on currency markets right now is actually the US Dollar getting extremely strong. Pretty much all currencies are recording lows against the Dollar right now, as mentioned in the article.

Also note that the article does not use the word 'collapse', which is click-baity editing by the poster.

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Re:Sterling collapses as investors fly into dollars by CentralHarvest on Monday September 26, 2022 @03:49AM (#32980539)
The headline was changed from the original, not an uncommon practice by Reuters.
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