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Originally Posted by 84300DT
chazola. i know what you mean. i was in london 2 weeks ago and found it very expensive. although when i lived in the uk in the late 70's the pound was over $1.90 / close to $2.00
up to you but i wouldn't sell those dollars at these rates if you don't have to.
the euro and yen are also strong now so that isn't a real solution.
european exports and the tourist industry are all going to suffer bigtime from this, so their central banks may step in to stem the tide.
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I don't know- the general consensus is the dollar is going down and staying down. Z hits it on the head.
http://www.economist.com/finance/displayStory.cfm?story_id=3329902