europeforvisitors - 2:52 pm on Sep 21, 2007 (gmt 0)

If you think the US/CAD exchange rate is bad, try looking at the US/GBP rate. It's enough to make you cry.

Especially if you're an American with a kid who's attending university in the UK.

Still, there's a bright side to the falling dollar if you don't depend on a single currency for your earnings. I earn quite a bit of affiliate income in euros, and a 20-euro hotel commission is now worth US $28, or several dollars more than it was worth in the fairly recent past.