Now is a good time to book that European vacation
London calling? Dreaming of Tuscany? It's time to book your dream European vacation.American travelers are set to save big money on trips across the pond following a sharp slide in European currencies.
more stimulusnext week as expected.
It's likely to decline further as the June 23 referendum on British membership approaches. UBS says the pound could fall to as low as $1.36 before the vote, while Goldman Sachs has warned of an even sharper decline to $1.15.
That would make a London holiday much cheaper for American tourists. A Starbucks latte would cost $3.10 instead of the current $3.80, and two tickets to a West End musical would cost $126 instead of current $155.
Been there done that? Don't worry, there are plenty of other holiday destinations that are getting cheaper for Americans.
A trip to Norway would be a relative bargain, as the Norwegian crown has fallen 10% against the dollar in the past 12 months. Poland's zloty is down 6% over the same time period.