A lot of people make a convincing case that the weak dollar is intentional, designed to boost American exports. Of course, the administration denies it, but then they would, wouldn't they ... My question is, Now that the election is over, can we go back to the strong dollar? Please?
Weak Dollar + Higher Interest Rates ~>> $$ Out of the "safe investments" and back in the MARKET. Anyway, London is an expensive trip no mater when you take it... When the dollar was stronger, the hotels charged more.
When the dollar was stronger, the hotels charged more.
This is certainly true. I just went, and a very famous and expensive West End hotel charged me peanuts, relatively speaking. Otherwise, I would not have gone. I well remember when the pound dipped below 1.40 five years ago. It was like getting a $300 rebate on a bespoke suit. And that was when the "normal" exchange was about 1.6. Today, the rebate would be more like $900.