For those of you who don’t keep track of how strong (or weak) the U.S. dollar is against the euro (or other world currencies), there’s good news for Americans. The dollar is now under $1.20 to the euro.
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currency exchange rate
These are hard times for the airline industry. Dropping oil prices are a double-edged sword, with some airlines losing millions because of hedges gone bad. Currency woes are wreaking havoc with international prices and bills, air cargo loads are dropping dramatically and passengers just aren’t flying.
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Even though the dollar is finally a few cents stronger, don’t go out and count your euros and expect to be in consumer heaven when you visit Europe. Americans are hardly rich, even though there’s talk of a psychological barrier being passed, now that the dollar is clocking in at less than 1.50 euros.
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