Money Exchange

[Stuff It_IHB]

I need to purchase a house in Irvine (may put in a very low offer or just rent for 9 months - have yet to decide). I sold my house in the UK earlier this year and I now have lots of pounds lying in my bank account.





Should I bring that money over to the US? Currently the exchange rate is very good, the question is, should I wait before bringing it over? Will the dollar get any weaker?





Any advice?

 

[awgee_IHB]

The dollar will get weaker.

 

[EvaLSeraphim_IHB]

I have heard that as well.

 

[irvine_grad_IHB]

Heard the same thing.

 

[mediaboyz_IHB]

Stuff It, I'd have to agree with the people above, that the dollar will get weaker. I've read about more central banks dumping the dollar & who knows if the Fed will hold or increase interest rates end of the month.

 

[IrvineRenter_IHB]

Until the British central bank starts lowing interest rates, the dollar will continue to decline relative to the pound.