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£ to $US Exchange Rates

  •  Mon, Apr 06 2009, 7:01 PM

    £ to $US Exchange Rates

    Going on holiday to Miami in 4 weeks, and keeping a close eye on the exchange rates, as we havn't got our currency yet.

    Over the last week or so, the £ has improved over the dollar, and my local travel agent quoted 1.45 today (don't think it's been this high for ages, it's been in the 1.30's).


    Anyone know WHY it's started to climb? If I can understand the reasoning, I can make in informed judgment as to whether to wait or buy now...

    It's a gamble, and to be honest It's not going to make a huge difference either way, but would like to understand the influences...

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