Post Number: 30
|Posted on Tuesday, October 14, 2003 - 9:10 pm: |
As it stands now, both the US and EU governments seem to favor a softer dollar for various reasons. I've seen forcasts that predict that the Euro will still be trading at or near the $1.18 mark for the remainder of the year. It may even test its all-time high of nearly $1.20.
Still, as Bob says, I think Germany is a great value when you consider the lower costs of travel and service as opposed to other destinations. Not to mention the safety and variety.
For example, although Thailand still offers cheaper sessions than does Germany, the US dollar also has lost strength against the Baht (9.1% decrease over the past year). Plus, one still has to consider the longer flight times, the more expensive airfare, the more limited choices, and the higher prevalence of diseases.