What's Going on with the Dollar rate???

[syrup]

Not good news http://www.bbc.co.uk/news/business-23177463 On FairFX, one of the best rates normaly it's down to $1.47

[Katys Grandad]

It's fallen back more less continually every day over the past 2 or 3 weeks and has lost around 6 cents over that time. Heaven knows where it's going next.

[Tony G]

Wow, I've just noticed it's dropped 2c since just yesterday!

[Pookie]

Yet our Economic news is good.....

[Katys Grandad]

Down another cent today so below $1.50 which is a major benchmark for a lot of people, me included.

EDIT - Cloing the day at a 3 year low of $1.49.

[syrup]

Down another cent today so below $1.50 which is a major benchmark for a lot of people, me included.

EDIT - Cloing the day at a 3 year low of $1.49.

Is that the Bank Rate or Tourist Rate KG as I have only $146.70 on FairFX and $144.80 at the Post Office ?

[Katys Grandad]

Is that the Bank Rate or Tourist Rate KG as I have only $146.70 on FairFX and $144.80 at the Post Office ?

It's the bank rate Keith.

[Andrena]

Just checked and it was at 1.42 on XEtrade!!

Andrena

[Katys Grandad]

Just checked and it was at 1.42 on XEtrade!!

Andrena

That's as bad as I've seen in a long time. I'm sure there are better deals around but anything over about $1.45 is going to be as good as it gets at the moment.

[brownm]

I checked Mark & Spencer last night and it was $1.47