Forex Today: British Pound Hits 2021 Low

[OZER]

The British pound hit a 2021 low against the US dollar as the government announces new coronavirus restrictions as Johnson's premiership is shaken by scandal.

The British pound fell to a new 2021 low against the US dollar as the British government is rocked by a scandal indicating failure by government officials in the Prime Minister's office seemingly breaching coronavirus restrictions, as new cases in the UK continue to rise and the government announces new coronavirus restrictions to considerable public disquiet.

The Bank of Canada kept its interest rate and monetary policy steady yesterday in its monthly policy release. It has little notable effect on the value of the Canadian dollar.

Stocks and other risky assets mostly rose again yesterday as many analysts are coming to believe that the omicron variant will not be as bad as feared, with data from South African hospitals suggesting that while the variant seems more transmissible, it does not cause more severe disease than the globally dominant Delta variant, and may even be milder in its effects. However, some scientists are warning that we are likely to see very high levels of infection, and we do not yet know what levels of severe disease this will bring.

Source https://www.dailyforex.com/forex-news/2021/12/forex-today-british-pound-hits-2021-low-december-9-2021/171854

[inflexion]

No, it cannot. The US is completely addicted to inflation. Inflation is simply an expansion of the money supply, not the CPI or whatever nonsense the silly government says it is. Is the US government going to stop expanding the money supply? Never. It's literally impossible.

[Zenyii]

Great gambling advice!

[DennisLevis]

Hertz is literally on Tesla's website smashing that buy button 100k times because Tesla doesn't give a damn about their order due to ridiculously high demand.

[countrified]

Democrats gonna tax the crap outta crypto.

[NightmareX91]

10:59 many of us said that from the get go in 90s! And that big sucking sound! Finally its coming to light. Thanks .

[beak]

งานทางทหาร มันทำไห้คนที่ดู อารมณ์ เสียfrom military work It makes people who look at them upset. ความเชื่อมั้นของพวกคุณ?

[size]

We want low prices, but we dont want our products produced in China (where there is cheap labor). We want a low priced cake, from a high paid American baker, and we want to EAT IT TOO!

[edusenx]

In the past when inflation would rise the feds would raise interest rates. Why don't the feds raise interest rates? Could it be the feds don't want to pay more interest on 29trillion of debt? The feds have dug a hole they can't climb out of. Now the people are stuck paying higher prices.

[nudism]

@crypto is to perfect and can do on a global scale what Democrats are incapable of doing. That's. why  all democrats MUST destroy it, they will do anything,  in there power to destroy CRYPTO'  for the sole reason THEY CAN'T steel anymore  FROM THE PEOPLE only thing the ARE  NOT SMART ENOUGH

[emoedward123]

I am surprised at what a good report this is.

[Sou_Jhol]

They're intentionally allowing higher inflation to cover back low inflation during pandemic while fulfilling their mandate on maximizing employment

[MagicLinx]

When will these bubble(s) pop? any guess folks?

[Darx]

Ummmm how was this done with no toilet breaks in nearly 5 hours?!? Anyone?

[supervisory]

When the government tells you to stay calm and not panic, it is time to realize disaster is at hand.