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Pound SOARS on Tory majority

13 replies

youknowitmakessensedunnit · 13/12/2019 01:04

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.

OP posts:
HuggedTrees · 13/12/2019 01:05

Ok.

BalsamicVin · 13/12/2019 01:09

Right

berrylands · 13/12/2019 02:22

Whatever rocks your boat

Boogbuster · 13/12/2019 10:15

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 · 13/12/2019 11:14

Donald bought it all.

Coppersulphate · 13/12/2019 14:00

Go on MNHQ restore and apologise.

PreseaCombatir · 13/12/2019 14:04

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 · 13/12/2019 14:11

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

lljkk · 14/12/2019 21:06

£ is almost back to the dizzy heights of 2018.

Pound SOARS on Tory majority
youknowitmakessensedunnit · 15/12/2019 00:50

Hope this helps your understanding, lol

Chart of £ vs Euro

Pound SOARS on Tory majority
OP posts:
Oakmaiden · 22/12/2019 09:49

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)

Pound SOARS on Tory majority
slipperywhensparticus · 22/12/2019 09:53

So,hows that apology

Nippybutsweet · 28/12/2019 01:35

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 Grin

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