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American exchange rate?


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With the current rate of the US dollar at 1.6 to the pound, and what is happening with Americas debt do you think it is likely to go up or down at this rate?

 

Apologies if a stupid question but their may be more people in the know how...

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The dollar will get weaker which should benefit us in terms of more bang for your buck. However, because the UK and US economies are so wrapped up in each other, its probably not a good thing if it all goes belly up.

 

* I know nothing by the way. Just guessing based on my limited knowledge.

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