Phone Cards

[KeithD]

It IS a good idea but this week, this last few days, the pound is plumeting against the dollar and as a result against the peso.

The dollar is now at 1.627.

Pesonal view is - expect it to plummet a lot in the next few months :(

Jim

The £/$ is just in the normal Forex 'breathing' range of 1.6-1.7 It is a fine balancing act between bad news in the UK, and then bad news in the US. It took a big fall the other day, which means it will at some point over the next few days climb. Big changes on Forex 95% of the time result in a rebound.

If Gordon Brown goes in January, it should break the 1.7 mark, otherwise it will probably be around election time.