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Farm Business
Politics, Covid19 and Brexit
50 billion remain bonus...
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<blockquote data-quote="stewart" data-source="post: 6628738" data-attributes="member: 42710"><p>Dropping 10c against the USD overnight. a further 10c over the next 6 months. The pundits do like to believe the pound is over valued, this is being ostrich like.</p><p>Any freely traded currency is worth what someone is willing to pay, speculators can influence this slightly although with a currency like the pound it is more difficult to move due to sheer volume.</p><p>The market is the market is the market. Or as Margaret Thatcher once said " Try to buck the market and it will buck you"</p></blockquote><p></p>
[QUOTE="stewart, post: 6628738, member: 42710"] Dropping 10c against the USD overnight. a further 10c over the next 6 months. The pundits do like to believe the pound is over valued, this is being ostrich like. Any freely traded currency is worth what someone is willing to pay, speculators can influence this slightly although with a currency like the pound it is more difficult to move due to sheer volume. The market is the market is the market. Or as Margaret Thatcher once said " Try to buck the market and it will buck you" [/QUOTE]
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50 billion remain bonus...
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