Global money markets are not something I ever had much interest in but, when something directly affects you, things change.

As I'm sure you noticed, the US economy is in crisis.  Some of the responses to keep things going can most kindly be described as irresponsible.  

The result has been a rapid decline in the value of the US dollar against all major global currencies.  We could go into all the policies and actions that have brought this about but I'm not going to go there.  I'll just say that, until things change, the trend is likely to continue.

So, why am I telling you this?  What do you care?  

Well, as you know, Pico is in the UK.  The more the dollar falls, the more imported products like PicoScopes are going to cost.  Prices will be adjusted in January to reflect the changes in monetary exchange rates.  

So, if you live in the USA and ever thought about getting a PicoScope, you might want to do that before the end of the year.  In every crisis there is opportunity  ;)

Take a look at the US dollar performance against other currencies over the past year:

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That stuff is bad news.

I have been a currency speculator for the past year. The USD has been weakening against GBP since 2001.

Here is a picture of my chart.

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