USD vs Pound sterling vs Euro 💶

comment by Boca Seniors (U19731)
posted 16 minutes ago
Surely a weak pound is great for export. A shame the UK doesn't make much to export anymore though. You need a strong manufacturing industry like the Germans have. Your country have been facked by the Torry policies with their deindustrialization policies in the 80s.
----------------------------------------------------------------------
Rise in energy prices, wages and transportation makes manufacturing in the UK is not a profitable business

comment by Jenius99 (U4918)
posted 5 hours, 24 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 1 hour, 22 minutes ago
comment by Jenius99 (U4918)
posted 13 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 4 minutes ago
Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.
----------------------------------------------------------------------

Looked at the gas and oil price? While India and China buy their oil they have plenty of income. What that income can buy however is another matter under sanctions.
----------------------------------------------------------------------
Rubbish really, their currency is booming which means they have stronger buying power than the Western world than they did at the start of the war. Who do you think countries like China and India would prefer to sell to with that in mind?
----------------------------------------------------------------------
Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.
----------------------------------------------------------------------
I have to disagree j99.

I believe India purchased something like £300mil worth of oil from Russia since the Ukrainian conflict, whereas, Europe bought half a trillion dollars worth of gas and oil in the same period

And also China.. not a bug amount.

“Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.”

You just mentioned that China and India are purchasing gas and oil from Russia yet the west has no sanction on either country. How could they anyway? No country in the world exports more to America than China for example. You think that’s going to change any time soon?

comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 39 minutes ago
“Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.”

You just mentioned that China and India are purchasing gas and oil from Russia yet the west has no sanction on either country. How could they anyway? No country in the world exports more to America than China for example. You think that’s going to change any time soon?
----------------------------------------------------------------------
Companies sell good m8 not countries. Thats who the sanctions apply against.

comment by Kingdom of Davids (U21957)
posted 7 hours, 7 minutes ago
comment by Jenius99 (U4918)
posted 5 hours, 24 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 1 hour, 22 minutes ago
comment by Jenius99 (U4918)
posted 13 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 4 minutes ago
Funny how nobody is talking about the Rouble which at one stage today was up over 200% vs the Euro since the lows of the start of the war. Our sanctions are hurting Russia though.
----------------------------------------------------------------------

Looked at the gas and oil price? While India and China buy their oil they have plenty of income. What that income can buy however is another matter under sanctions.
----------------------------------------------------------------------
Rubbish really, their currency is booming which means they have stronger buying power than the Western world than they did at the start of the war. Who do you think countries like China and India would prefer to sell to with that in mind?
----------------------------------------------------------------------
Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.
----------------------------------------------------------------------
I have to disagree j99.

I believe India purchased something like £300mil worth of oil from Russia since the Ukrainian conflict, whereas, Europe bought half a trillion dollars worth of gas and oil in the same period
----------------------------------------------------------------------
Yes. Unfortunately we all know how the Eastern Block is totally dependant on Russian oil and gas. Italy and Germany as well but at least Germany is trying to find alternative means. But with winter coming?

It was an easy out to say its China and India because there is no way to pressure or in fact no body should with huge populations unless the US wants to destabilise 'most' of the world. But both India and China are pushing Putin to end this.

comment by Jenius99 (U4918)
posted 5 minutes ago
comment by Vladimikel Artutin - committing war crimes against football since 2019 (U18355)
posted 39 minutes ago
“Buying power requires someone to sell to you m8. America has made it very clear any country does will receive heavy sanctions in return by being excluded by the biggest market in the world. USA.”

You just mentioned that China and India are purchasing gas and oil from Russia yet the west has no sanction on either country. How could they anyway? No country in the world exports more to America than China for example. You think that’s going to change any time soon?
----------------------------------------------------------------------
Companies sell good m8 not countries. Thats who the sanctions apply against.
----------------------------------------------------------------------
Which is why sanctions are working but Putin has enough political capital to last into next year at least. Though he is rumoured to be backtracking on conscription.

‘Significant monetary policy response’ to come, Bank of England chief economist says

No sheet Sherlock.

comment by Robb Eriksen (U22716)
posted 2 days, 11 hours ago
I remember when it was $2USD to £1. Glory days 🇬🇧
----------------------------------------------------------------------

I think if was $2.2 to the pound in the 1970s. You know the bad old days the Tories keep telling us all about.

comment by Sheriff JW Pepper (U1007)
posted 1 week ago
Speak to Culer...he'll have a strategy out of this
----------------------------------------------------------------------
He is busy talking with the Chancellor. Asking if he wants fries with that.