Sterling is currently sitting close to a 5 month high against the US Dollar and as a result is presenting excellent buying opportunities for anyone with USD requirements. The key data to look out for tomorrow is US Gross Domestic Product figures (GDP). This shows the growth or contraction in the economy and is expected to return an annualised return of 2.5%, which would be a fall from last months 2.7%.
The reduction does not bode that well for the USD, and there have been concerns of a slowdown in the US amid fears of a double dip recession. However, as sentiment has fallen in the states and there is an expectation of a poor figure, a better than expected figure could cause some USD strength. If you have a USD requirement, fill in the form on the right to see what options are open to you to protect your funds.