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It almost seems like the only news we have had in the last eighteen months or so has been the existence of the weak pound. It’s been a long time since we could eye up a holiday in America, knowing that every pound we exchanged brought us two US dollars in return. Of course if you expect to see a figure anything like that on your currency converter nowadays, you will be bitterly disappointed.

So perhaps the Bank of England’s somewhat negative stance is warranted. They don’t want to give false hope and bring everyone’s hopes up if the situation does not demand such a positive reaction. But on the other side of the coin it could be said that comments that are too negative will have a negative effect on everyone in the country.

Everyone knows that the currency markets are volatile. Fortunes can easily be made and lost by people betting on which currencies will rise and which ones won’t. But most people would probably agree that trying to bet on the British pound improving its standing against all the other major currencies at the moment would be a fool thing to do.

Apparently it can if you live in other countries and you want to make the most of the weakening British pound. It is way too early for us Brits to be into the festive spirit, but as far as British businesses are concerned there is a chance here to appeal to people who are visiting from other countries.

We all know that the pound has actually been doing rather well in recent weeks. Compared to the freefall it went into against the US dollar last year, when a $2 pound finished up at a low of $1.3630 towards the end of January this year, it has picked itself up and been doing well in getting going in the opposite direction again.

The Danish krone might be worth a look, even though it has taken a dip for the worse in recent times. Two weeks ago a pound would have got you 8.6959 Denmark krone, but it dropped back to 8.6096 on the 8th.

The pound hasn’t exactly had the best time of things as the seventh month of 2009 has got underway. As was widely reported online on the major currency and news related websites, the British pound struggled considerably.

It hasn’t been a good month for the British pound, and it certainly hasn’t held its best performance against the Euro.

According to recent speculation it could well be. The pound has had a rough year with big losses against the Euro and the US dollar in particular, as well as other currencies. Now it has made back some gains in recent weeks it would seem disappointing that some people think it won’t last.

We’re all feeling the effects of the recession at the moment. But if regular priced goods of all kinds are becoming harder to afford, there is no doubt that increasing prices are even more difficult to cope with.