Exchange rate is dropping

[tony64]

It may be a good time to grab the holiday money as it looks like it may have peaked

 

[Andrew DEREK UK]

USA upped their interest rates at the end of last week, this might be a peak or it might be a small blip reaction to that.

 

[Red-Snapper]

A report on the BBC business website today suggests that actually the dollar will continue to weaken as Bush etc want to reduce the trade deficit by the backdoor i.e making US goods cheaper to the outside world.

 

[Andrew DEREK UK]

So might be a blip

 

[AndRu]

Don't panic ... I reckon it will drop even further inthe next 14 days ...

 

[Andrew DEREK UK]

Mid rate about 1.88 currently still good Bush has said he wants to let the dollar go down!!!