Well, I don't know much about World economics and from what I have managed to understand the USA is up to its neck in it and there are worldwide economies teetering on the brink of collapse
BUT
in the last few days the exchange rate ﾃつ｣ to CAD$ as improved significantly. $1.60 to the ﾃつ｣ today
Call me simple and selfish, but long may the global money market crisis continue if this is the result!
(Or at least until I sell my house and transfer the funds)

The smartest thing the British Government has done over recent decades was stay out of the Euro.

I want the rate to go the other way to you as I am now sending money the other way more frequently!!!

Tim

Save it up for a while, Tim!
You have had low rates your way for quite a while now - let us have a look in!

I was hoping that would happen long may it continue
knew there was a reason my house hadn't sold yet it was waiting for this to happen x

When Germany reduces its interest rates (which it will ultimately), the overvalued Euro will tank. That's when I buy my place in Spain.

Tonight I see this beautiful sight on XE;
1 GBP = 1.61741 CAD 1 CAD = 0.618273 GBP
Way-hey!
Keep going, baby!!!!!!

When I first visited Canada in 99 it was 2.5, those were the days!

You watch as it drops now that the Yobs are burning down London.

Have I missed something - who is burning down London?
Ah, yes, I see now. What is the reason for that?

Corrected it for ya dude

Hmmmmm. I have looked at this - not sure that a crowd of yobs in Tottenham is going to have any effect on International money markets, not when the whole of Greece is going to doing so, anyway........

Yes

It was probably more luck than judgement aswell.

Totally disagree, if the UK had been in the Euro then the Euro would have been stronger and all the problems the ECB is having right now would have been smaller. At the end of the day all the largest trading partners the UK has are in the EU.

Which still shows the pound as being pathetically weak, I remember in 2003 when it got up to $2.50, and for quite some time afterward it was well over $2.