Pound slump continues in Asian trading

[Ripmax]

[QUOTE]Sterling was trading at $1.3440, down more than 2% from Friday's close. Against the euro it was trading at €1.2165, down 1.3%.

On Friday the pound had its biggest one-day fall against the dollar, at one stage sinking as low as $1.3236.

Some traders are betting that the pound still has further to slide.

Jeremy Cook, chief economist at World First, said: "We are still looking for another 10% fall for the pound against the dollar in the coming months as data confirms the economic slowdown and monetary policy expectations increase."

The pound also fell further against the yen on Monday, a currency considered to be a safe haven, to 137.16 yen - down from about 139.64.[/QUOTE]

[url]http://www.bbc.co.uk/news/business-36636853[/url]

[Trumple]

who needs money when you have sovereignty!

[tau]

Wait, another 10%? That takes us to $1.20 holy shit project fear was actually project rainbows I didn't think it would be that fucked.

[damnatus]

pound schmound, can the ruble actually rise for once so i finally can buy things, not just food and rent

:v:

[Killuah]

[QUOTE=damnatus;50604028]pound schmound, can the ruble actually rise for once so i finally can buy things, not just food and rent

:v:[/QUOTE]

you can live in Big Ben soon

:cry:

[HL_Tentacle]

[QUOTE=Killuah;50604102]you can live in Big Ben soon

:cry:[/QUOTE]

Why would anyone want to live inside a bell?

[CMX]

The UK doesnt use pounds anymore, they now use ounces.

[That Sprite]

[QUOTE=HL_Tentacle;50609522]Why would anyone want to live inside a bell?[/QUOTE]

because most of this country are bellends anyway

[Boilrig]

FTSE 100 and 250 seem to be going well today.

[Streecer]

[QUOTE=Boilrig;50609655]FTSE 100 and 250 seem to be going well today.[/QUOTE]

are you an actual troll lmao

"well" in comparison to a huge crash, that's like saying that a gunshot victim is doing well because they've stopped bleeding

[Sobotnik]

[QUOTE=HL_Tentacle;50609522]Why would anyone want to live inside a bell?[/QUOTE]

you don't need to buy an alarm clock

[Morgen]

[QUOTE=Boilrig;50609655]FTSE 100 and 250 seem to be going well today.[/QUOTE]

yeah yeah FTSE 250 is only down 11% from thursday :v:

[Shadow801]

[QUOTE=Boilrig;50609655]FTSE 100 and 250 seem to be going well today.[/QUOTE]

Yeah doing so up 3%, experts were wrong again

Expand the date range man

[Netsui]

Finance Minister of the UK said the country would be poorer and they'll need to raise taxes.

But hey, sovereignty and democracy, gotta respect that.

[url]http://www.reuters.com/article/us-britain-eu-osborne-stability-idUSKCN0ZE0IU[/url]