[quote=kicksavedave]So, on a practical level, if one is predicting the dollar to continue to drop vs say, the Euro, if you’re planning a long trip to Europe next June, would it not make sense to exchange some dollars for Euro’s now, rather than wait til June when I’d get less in exchange? [/quote]
Most probably…
I took a trip to Australia in March and the exchange rate was about Aus 0.65 to 1 US. Now it is about Aus 0.87 to 1 US. That’s a huge decrease in purchasing power in 6 months.
