The American dollar is tumbling around the world, hitting an all-time low against the Euro and reaching parity with the Canadian dollar for the first time in 30 years. We look at the effect of the falling exchange rate on U.S. business and consumers worldwide and across the Canadian border.

Smart Money

Travel guru Rick Steves tells how to keep the exchange rate from spoiling your plans for a European vacation.

Scambuster

Kristen Culbert from the Washington State Dept. of Financial Institutions warns investors about foreign exchange scams.

Bulls & Bears

Portfolio Manager Bill Smead discusses investment ramifications of the weak dollar.