Dollar cheapest for a month

The US Dollar is trading at its cheapest since November, as worries persisted that more Federal Reserve intervention will be needed to boost the US economy.

Fixed exchange rates for up to 2 years ahead are available for sending money to the USA, if you are buying property or paying a supplier, at the best rates for 4 months. While exchange rates are still susceptible to negative news in the UK, the headlines this week have been on worries that futher monetary easing will be needed to give the ailing US economy a boost. These worries filter through to a weaker US dollar which we are seeing this week.