Euro And Dollar May Approach Parity, Making Travel To Europe One Huge Bargain For Americans, Wall Street Says

by Cheryl Rosen
Euro And Dollar May Approach Parity, Making Travel To Europe One Huge Bargain For Americans, Wall Street Says


In a welcome plug for the travel industry to and from the Wall Street crowd, Business Insider this week has noted that “That European Vacation You’ve Been Dreaming Of Is About To Get Even Cheaper.”

Citing Citigroup predictions that the U.S. dollar could become stronger than the euro “by next year, if not sooner,” the article notes that it a euro today costs just $1.04, the lowest rate in 14 years and down 10% from $1.15 just seven months ago.

Indeed, Wall Street insiders say, the euro and the dollar may actually become equal in value in 2017.

For travelers, the falling euro makes for one big travel sale, where just buying a trip immediately saves you 10% over last year’s price.

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