Pound declining against USD

The pound has been declining against the USD since late January. Reports yesterday imply that this may just be the beginning, as weak economic data and low levels of business investment in the first months of 2010 impact on traders and investors view of the pound’s strength.
Some analysts are even concerned that the UK may be entering a second dip of the recession.
So, with the potential for the pound to decline against the dollar further, I would buy my American travel money now before the currency exchange rate worsens!


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