News of: Wednesday, October 22 2008,

Dollar rises to 2-year record level against Euro

The US Dollar has gone below USD 1.30 to the Euro today, the lowest level of the Euro in 2 years.

A few months ago, the dollar hit USD 1.60 to the Euro, and it was expected that the dollar might fall even further.
The reverse has happened, which makes travelling to Europe for Americans almost 20% cheaper than in July of this year.