Sterling At Highest Level Since Referendum

Sterling hit its highest level since the EU referendum today, beating a previous post-Brexit high in January. The pound reached $1.437 this morning. The pound has gained more than 5% against the dollar so far this year…

Analysts are calling the pound “the darling of the currency world”. As the City becomes more bullish on a deal, the Project Fear predictions – not least those of the Treasury – on the long-term weakness of the pound are being disproved. No humility on display, however…


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Soros on the pan-European elections to the EU parliament…

“It is difficult to see how the pro-European parties can emerge victorious from the election in May unless they put Europe’s interests ahead of their own. One can still make a case for preserving the EU in order radically to reinvent it. But that would require a change of heart in the EU. The current leadership is reminiscent of the politburo when the Soviet Union collapsed – continuing to issue ukazes as if they were still relevant.”

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