Got my daily currency e-mail....the euro is at $1.2196419472 so the question has to be asked....how long till is slides through the psychologically important $1.20 level?

In case you're interested, the pound is at $1.4334543489 headed for $1.40...

Happy Days are here again for travelers...how good this is for the world's economies I'll leave to others more knowledgeable to answer.

Unfortunately today the euro rebounds.

I'm just glad I don't keep much of anything in my French checking account.

See as soon as people start "gloating" then... the trend changes

If you think about all the Euro and Sterling denominated investments you might have in your 401K or pension funds, you might not be so happy. At least that's the way I think about it when the dollar tanks and I am travelling....