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Even when the USD pricing was announced and USD to GBP was strong— the pricing didn’t reflect it. Each country’s pricing is based on more than just the currency exchange, the rest of the market and its competitors are also considered.https://www.xe.com/currencycharts/?from=USD&to=GBP seems to show the USD weakening vs GBP over the past year, so at spot rates, it would take more USD to buy the same amount of GBP. Would have thought a car company would hedge in any event, but thats a guess!
https://www.xe.com/currencycharts/?from=USD&to=GBP seems to show the USD weakening vs GBP over the past year, so at spot rates, it would take more USD to buy the same amount of GBP. Would have thought a car company would hedge in any event, but thats a guess!
the dollar will remain strong until the next recession.You have to look at this by comparing the exchange range versus what it was in 2021 when the original FE MSRP was set. *AT THE TIME* when the FE 2.0 pricing was set, the USD to GBP exchange rate was still about 10-12% more favorable than when initial FE pricing was announced. Despite this, they still increased prices for US buyers *SIGNIFICANTY* more than they increased prices for UK buyers.
As for the future of US dollars, inflation is significantly higher in UK than it is in the US. With banks and other nations around the world grappling with the effects of printing money with reckless abandon, and with the US passing somewhat of a budget restraint, I would expect the dollar to maintain its present strength despite near-term fluctuations.