US Dollar getting very strong

[PtldPlatypus]

Euro value is down to about $1.06, apparently reaching a 12-year low. Prior to the recent plunge, it hadn't even been at $1.20 since June 2010. This article indicates that the dollar is presently on its biggest surge since the mid-'90's.

Hey donkiez--you gonna buy euros now, or keep waiting?

 

[donkiez]

Euro value is down to about $1.06, easily the lowest value in the past 5 years. Prior to the recent plunge, it hadn't even been at $1.20 since June 2010. This article indicates that the dollar is presently on its biggest surge since the mid-'90's.

Hey donkiez--you gonna buy euros now, or keep waiting?

Haha this is great news for me and Ive been following these events. My trip to Europe is on sale big time! We are approaching a twelve year low and could even be trading at parity by the time I go. Fucking awesome! To answer your question though, Im booking and paying for as much as I can right now with my tax money and to secure my discount, but Ill wait till I get there to change any spending cash. By the way we settled on Paris-Venice-Rome-Barcelona-Amsterdam.

In other news I seem to have an odd connection to big vacations and strong currency in my favor. I traveled backpacked SE Asia in the late 90's, lived in Tokyo around the same time (japanese currency was strong then and I was converting to USD). South America in 2009 and now Europe this year. Its becoming more than coincidence, when I plan my next trip Ill let you all know where the next crash will be.

 

[riverman]

 

[MarAzul]

The dollar isn't increasing in value, it only worth about a nickel on the dollar of 50 years ago. Other currencies are being depreciated to cover for their slowing economies. To get you to buy more of their stuff. Not sure how that can continue to work though, hell we don't make much, so who are they under cutting? China? Heck, they are doing the same thing.
The US dollar is the world's reserve currency, in spite of the Feds actions over the past few years. The dollar hardly deserves the position but look at the actions of the controller of the contender currencies! Euro's in contention with the value of the Wan for your purchasing attention, devaluing in relationship to the dollar and we don't make shit!

It doesn't make finite sense to me, I can't figure out how it can continue. It might continue to work if we (American) gets back into production instead of trading trinkets.
Perhaps a real econ (Sweet Water) can explain this machine.