Living: In Europe, the Dollar Talks

And it's saying that travel is again affordable for Americans

For the past decade, an American in Paris has been an endangered species. Because of the steadily declining dollar, romance atop the Eiffel Tower—or whatever else might take a tourist's fancy—has been out of reach to all but the most stratospheric budgets.

This year, however, Yanks can strike up a new chorus of "I love Paris in the springtime"—or summer, or fall. Reason: the dollar is back in grace. The exchange rate has improved 31% since a year ago, making U.S. purchasing power greater than it has been since 1969; and last week's...

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