RE:U.S. Dollardonaldspice wrote: I'm not 100% certain but even though the pound is dropping it is causing the U.S. dollar to rise against it so this will make up part of the loss on the pound seeing as CXR still does a sizeable business in U.S.. If someone can confirm this is true I would appreciate it
Alot of their busienss is in the UK and over a billion in USD debt...this is an outcome I never thought would happen but had an eery feeling with everyone thinking the same, so bought a half position in a tripple gold etf to offset my cXRx position...good luck. Either sell now, or litterally dont even check since this is going to be extremely volatile.