Outlook Good for US Tourism, Exports
Dollar Falls Against Major Currencies:
The dollar fell to new lows against the euro Wednesday, while the pound soared above $2.05 for the first time in more than a quarter of a century as housing and economic worries battered the U.S. currency.
Well, it's good news for tourism and manufacturing, as US destinations and products are more affordable on the world stage.
Well, unless you're as fickle as the media. In which case, it's all bad, regardless. Dollar goes up, it's bad; dollar goes down, it's bad; dollar stays the same, it's bad.