Where will the Euro vs Dollar move in 2012?
Our last trip to Europe was in June 2010, when we enjoyed an exchange rate of €.80 to $1.00, since that time we have watched the value of the dollar decline against the Euro. During the past six month we have observed an more favorable exchange rate for the dollar vs the Euro. Although there are a number of destinations in the EU which hold interest to us, we see no reason to experience a devalued currency exchange as a penalty to visit.
What are your opinions regarding the stability or instability of the Euro during the next twelve months? Is this the year to travel in EU countries or not?