First of all, if you are traveling to the U.S. from Europe it will be bad because everything will now be much more expensive for you. The good news is for Americans traveling to Europe where everything will cost less.
Also, it will be good for Europeans who want to sell to people who have U.S. dollars to spend because everything people buy in Europe will now cost less.
But, for people who sell things from the U.S. to Europe it is a complete disaster for U.S. Exporters to Europe, because everything now will cost much more. When I went to Europe I think the Euro was at about $1.62 to $1.65 per Dollar I think around 2009 to France and to Britain and Scotland in 2011. That means in real terms everything I bought in Europe, Food, lodging, rental Cars, High speed train tickets cost over 1 1/2 times as much as it might now. So, going now to Europe will be a much better deal with those with U.S. dollars to spend now.
But, for U.S. exporters to Europe this is a complete disaster in all ways.
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