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Pound’s eight year cycle sees collapse enduring
by Cals Sat 09 Jul 2016, 18:47
Friday, 8 July 2016 | MYT 7:12 PM
THE pound’s got further to fall against the dollar and probably won’t hit a major low until the first quarter, an analysis of its long-term movements shows.
The currency crumbles about every eight years, a period that doesn’t end for several months.
By then the U.K. should have a new prime minister and be officially discussing its withdrawal from the European Union. - Bloomberg
Pound’s eight year cycle sees collapse enduring
[You must be registered and logged in to see this image.]THE pound’s got further to fall against the dollar and probably won’t hit a major low until the first quarter, an analysis of its long-term movements shows.
The currency crumbles about every eight years, a period that doesn’t end for several months.
By then the U.K. should have a new prime minister and be officially discussing its withdrawal from the European Union. - Bloomberg
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