Dollar Exchange Rate Improves

The best US Dollar exchange rate has improved around 4c today, on the back of speculation from the States that US interest rates may be cut again tomorrow evening.

With little cause for cheer for the beleagured Pound, if you are sending money to America it may be worth discussing your requirements with your currency broker – spikes like this tend to be short lived at the moment and trading levels of above 1.50 are now available again from some sources.