After The British European Union Divorces, The Euro Will Not Be Dispirited.

Mellon once supported Britain's departure from Europe. He said the euro was unsustainable.

He believes that in the euro area, Germany's Mark is obviously underestimated, while the French franc is overvalued.

According to Mellon, according to the current situation, the euro can persist for 3 to 5 years.

David Bloom, head of HSBC's global foreign exchange strategy, said he was not sure that the euro was doomed to disappear. Bloom,

Burnbrae Group's chairman, Jim Mellon, said that after the British decision to leave the EU, the end of the euro has come to an end.

After the outcome of the referendum in Britain, the euro touched a low of $1.0909 against the dollar.

Although many analysts have bet on the rise of the euro, the United Kingdom decided to lift the stakes in Europe and led to a speculation that dissatisfaction with European unity would lead to the departure of other EU Member States.

But most economists agree.

The short-term risk is the risk of slipped, especially the weakness of European economy and the risk of uncertainty brought by Britain's de Europe.

These factors encourage investors to be cautious about the pound.

Bloom said, this is

Rather than the euro issue.

The decline in the pound is not a trend, but an adjustment, which he believes is bound to happen.

The pound will fall to the extent that the UK can recover its investment cost. He does not think the pound has fallen to the bottom now.

Derek, chief currency strategist at Mellon bank in New York, agrees with Simon Derrick.

He pointed out that it is foolish to believe that there is more room for the pound to fall.

However, Derek also said that since

The central bank governor Carney (Mark Carney) said that the central bank will provide more liquidity, the pound has already seen a very positive rebound.

Analysts at New York Mellon bank concluded that it is best to start looking for the next Domino to fall.

Kit Juckes, a foreign exchange strategy at Societe Generale, said that although Britain's economy may slow down in the next few years, it is not the end of the world.

As Britain leaves the EU, this uncertainty will slowly put pressure on Britain, but the consequences will not be serious.

From an economic perspective, he said, things will not be as dangerous as the collapse of Lehman brothers.

Britain will get through it well.