The dollar surges again, finally, against other countries' currencies. Now, the question is, do you still have a job and some travel money to burn? A lot of people are hunkering down but here's the good news, according to Arthur Frommer: In some cases, the dollar has risen up to 50 percent against other currencies, including the Australian dollar. In New Zealand it's gone up 70 percent.
This time last year, I was assigned a story on how people are going to Europe despite the bite that spending was taking. And boy, did it hurt.
Now the situation's flip-flopped for Americans and you can live like a king or queen. Or maybe just like a jack (or is it a maid-in-waiting?) depending on your budget and your situation.
In any case, keep your eye on the dollar and see what's possible over the next few months or year.