the dollar's gone up..what shall i do?

egamar

That's because you always have Ginger and Algy as your wingmen .... their fully armed Sopwith Camels patrolling the skies above ...

frogman_2

FOMC announcement later today and speculators banking on another rate cut while the UK rate cut looks less likely...if that is the case then Sterling could see $2.15 or even higher.

BTW, if you are thinking of going to NYC, please note that hotel prices + taxes will negate any savings you see through the $ rate. Hotel prices in NYC between Thanksgiving and the New Year are the highest in the US.

Bon Voyage!

robp

BartGirl wrote: »

Apolgies if this is in the wrong place..
seeing as the dollar is so weak now - compared to the pound - how can i take advantage of this ? I have about £50 spare this month...

Best thing to do is panic!

Then go and have a slap up curry with that £50.

Vans_101

frogman wrote: »

FOMC announcement later today and speculators banking on another rate cut while the UK rate cut looks less likely...if that is the case then Sterling could see $2.15 or even higher.

BTW, if you are thinking of going to NYC, please note that hotel prices + taxes will negate any savings you see through the $ rate. Hotel prices in NYC between Thanksgiving and the New Year are the highest in the US.

Bon Voyage!

Hopefully! We are heading to NYC next month but luckily the hotel is booked and we pay the balance when we check in. The better the rate is the cheaper our hotel.

lynzpower

Incidentally, I heard an article on the radio earlier, dont forget that a number of currencies are pegged to the dollar UAE, and Belize are 2 i know of.

Belize calls me especially if you can get an extra 5 beers a day now on this sort of exchange rate :beer: