US $ Rate

[Lockhouse]

I'm off to the US on holiday in 4 weeks. Today I can currently get $1.5 to the £ tourist rate for my dollars. Do I get my currency today or hold on and see what happens in the next 4 weeks - bearing in mind that they'll have a new President by then and he might well have a honeymoon period?

[Bagpuss]

Your guess is as good as mine, but I wouldn't expect it to change too much in 4 weeks as long as the next rate cut isn't more than .5%

[AlfredJPruffock]

I would expect the Dollar to increase slightly against Sterling in the near term but the Euro will lose much ground to both the Greenback and Sterling as the recession gains momentum in the EU - EU member states do not have the control over its fiscal policy as the UK and USA enjoys so they will be in the recesssionary period for a longer time than the US/UK economies.

But as I mentioned earlier the UK and the USA will be moving out of recession in the 3rd quarter with Europe 6 months to one year behind that - however the pace of recovery will be modest at best.

[cailin maith]

I'm off to the US on holiday in 4 weeks. Today I can currently get $1.5 to the £ tourist rate for my dollars. Do I get my currency today or hold on and see what happens in the next 4 weeks - bearing in mind that they'll have a new President by then and he might well have a honeymoon period?

It's pretty much the same now as what it was when I went at the end of Nov... might aswell get your dollars now. Doubt it will change much!

[PM-Junkie]

I anything, expect the dollar to possibly increase marginally in the run up to the 20th Jan, followed by a decline as the warm and fuzzy feeling from Embalmer's inauguration is tempered by the fact that the US is still screwed...

[dinker]

Try this place for dollars:

http://www.thomasexchangeglobal.co.uk/contacts.html