The incredibly shrinking dollar

Time to cancel that weekend trip to Europe:

Euro-dollar exchange rate, last 3 months

Or to Britain: 

Pound-dollar exchange rate, last 3 months

Oh, and by the way:

Oil surged more than 4 percent to a record over $94 a barrel on Wednesday after a steep drop in U.S. inventories fueled winter supply concerns and the U.S. Federal Reserve cut interest rates.

Under ordinary circumstances, I am vehemently opposed to emoticons, but this calls for a big :( .