Pound SOARS on Tory majority

[youknowitmakessensedunnit]

Two days ago, I posted a BBC story saying how a Labour victory would cause the pound to crash and a Tory victory would cause the pound to rise. Mumsnet HQ removed the discussion thread and banned my account without warning.

Tonight, the Tories look to have won a significant majority and the Pound has indeed spiked higher to $1.34 and €1.20.

www.bbc.co.uk/news/business-50766233

I invite mumsnet HQ to publicly apologise for their partisan censoring of a completely true story and restore the thread to its former glory.

Thank you.

[HuggedTrees]

Ok.

[BalsamicVin]

Right

[berrylands]

Whatever rocks your boat

[Boogbuster]

I wouldn't exactly call the temporary blip "soaring"

Only time will tell if the pound continues to rise as there still a great deal of uncertainty facing the UK so maybe hold off celebrating just yet

[Pancakeflipper]

Donald bought it all.

[Coppersulphate]

Go on MNHQ restore and apologise.

[PreseaCombatir]

It’s always the same Op. when Brexit was announced somehow sterling falling in as proof of something, but now vice verse it doesn’t mean anything.

The markets like certainty, so a Tory majority has given them confidence Brexit would happen, whereas anything else leaves us in limbo, which makes the market nervous.

It’s nice to see the £ at 1.35 again

[JosephineDeBeauharnais]

Why did they suspend your account? There must be more to it than that?

[lljkk]

£ is almost back to the dizzy heights of 2018.

[youknowitmakessensedunnit]

Hope this helps your understanding, lol

Chart of £ vs Euro

[Oakmaiden]

Oh look, and now, 10 days later, it is lower than it was before the election. What does that tell us? Ah yes, that it was a blip. (And the Brexit vote fall wasn't a blip, but the start of a trend)

[slipperywhensparticus]

So,hows that apology

[Nippybutsweet]

I invite mumsnet HQ to publicly apologise for their partisan censoring of a completely true story and restore the thread to its former glory.

Wasn't a true story, merely an opinion you gave the day before (11th) the election that on the 13th showed promise only to plummet 10 days later - good luck with the apology - personally I wouldn't bank on it pun intended