Please sign in to post.

Euro 126.66

Good news for American tourists in Europe this summer. Will it match 2010's 120? I hope so.

Posted by
719 posts

Or Bad news if it's fall creates a Global financial collapse...

Posted by
12313 posts

If we clean up our own financial house (a big if), the value of the US dollar will strengthen significantly regardless of what Europe does. It's really a mixed bag. A stronger dollar is great for tourists and lowers the price of imports (like oil) but it also makes our exports more expensive and tends to hurt our trade deficit - which negatively impacts people employed in companies that produce things for export. For the most part stability and predictability are probably better overall.

Posted by
11507 posts

My bank was selling them at 131 yesterday,, grrr,, mind you, the American dollar was up so perhaps thats why its so good for you right now!

Posted by
296 posts

I was just highlighting the advantage for American tourists visiting Europe seeing how this is a tourist board. Obviously a stronger/weak currencies both helps/hurts many a people. But the European community has its problems for sure. And austerity measures do not sit well with many.

Posted by
239 posts

It's psychological...always feel good when Euro goes down for my trip...unfortunately if you watch the stock market going down in tandem, it's really not great :-)). I'll take a soaring DOW over a few points on the euro any day!

Posted by
296 posts

I "second" that. I own a natural gas play. Getting killed. You know CNG in trucks and cars is very popular in Europe. Not here though, unfortunately for this guy.