Replies to post #137605 on Simple's Green Room

[pennies2007]

The biggest headline has been the UK and the "brexit" everybody has been stewing about. I don't know if they'll break away from the Eurozone or not but at least they were smart enough to maintain their own currency regardless. If nothing else, the rumor of leaving has served to weaken the pound considerably without having to pump money into the system like our Fed does to weaken our dollar. So in a way, they've created a new way of monetary easing.

There's a key meeting this week to decide the issue once and for all from what I understand.