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Craigy said:
Hm... Presumably that would mean I'd make some money on the US stock market too.... (when the rate ges from $1.90/£1 back to about £1.50/£ I'd make about 22%)... been wondering whether to buy any more stock recently... Hmmmm...........

Craigy
Not a bad idea. The dollar will stay weak for some time so don't think about making a quick buck. Frankly foreign investment into the US has allowed us to spend money we don't have. We'll need to fix our deficit and current account balance problems first. This is not going to happen overnight. Rest assured that our dollar will come back since we are one of the most resourceful/hard working countries in the world.

Yours is a safe long-term bet. :)
 
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