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How is Sterling stable?

  • 11-03-2019 10:09pm
    Registered Users Posts: 1,686 ✭✭✭ lalababa

    As above Sterling seems remarkablely stable and strongish concidering what's going on? How is this? And do the currency markets know something I don't (probably!)?


  • Registered Users Posts: 17,290 ✭✭✭✭ Thargor

    People in the know assuming UK will blink first and sign the withdrawal agreement.

  • Registered Users Posts: 621 ✭✭✭ thefa

    Sterling took a hit immediately after the vote in 2016 which it hasn’t come close to recovering from so I think the relative steadiness of the last 12-18 months has already factored in a good part of the brexit uncertainty.