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NEW YORK (AP) - Q. I'm going to Europe on vacation this summer, how can I feel less of a pinch from the dollar falling as much as it has against the pound and euro?
A. Traveling to Britain these days means your dollar is really worth about 50 cents. Going to France, Germany, or one of the other 11 European Union countries that use the euro? There the greenback is worth about 73 cents. It has been tough times these days for the U.S. dollar, which has touched multiyear lows against some of the world's most widely held currencies.
Most brokerages expect the dollar will continue to weaken this summer against the euro and the pound. But that's not expected to stop travelers and there are steps Americans can take to lessen the brunt of an unfavorable foreign exchange rate.
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