Keeping savings in €, £ or $?

I have both US and UK bank accounts. I pay for things in the US with US$ from a US bank, and things in the UK with GB£ from a UK bank. This way I don't have to farf around with exchanging currency.

Geeta, there is a difference between saying what will happen and saying what it is reasonable to expect to happen, or what is likely to happen. Usually when we don't know what will happen we still make choices based on probabilities. So the question really becomes does it seem likely that the US dollar will stay low long term?

Yes, but again, I don't think you can answer that question.  There are a million and one reasons why it might stay low or why it might not.  And given that we don't know when the money will be needed, it's impossible to answer what the dollar will be doing at a specific point in the future.  For all we know, there could be another September 11 type event and the dollar might be artificially low when whoever it is needs dollars.

i guess best is convert ur savings in Gold and take my words put it in a commodity exchnage like Crude...

sorry if i have diverted a bit....bcoz Glodl and crude will fetch u the returns...