Stupid Exchange Rate !

[igk]

$1.53 to the £ this morning.....could it actually get any worse, or do we think that it might pick up over the next couple of days ?

We travel in a week and have yet to sort out our Dollars. How very annoying !

To be perfectly honest it could do either. The sentiment seems to be very negative for the pound at the moment, and for the time being nothing seems to change that, but it would be irresponsible to suggest from here it will go either way in the short term. The travel agent mentioned in the earlier thread was clearly very stupid.
You need to decide what would be more annoying: buying the dollars now and the pound goes back above 1.60 again, or not buying them and watching it go below 1.50. Frustrating both ways but which is worse?

 

[Rascal1003]

Great question....difficult to answer ! LOL