The sliding dollar doesn't have much impact on me right now, because I have no plans to visit Europe any time soon. On the other hand, if it helps US companies more competitive in the world markets for our products and serices, that may help our stock values.
Not much we can do, except watch it fluctuate between 125 and 130. The US $ is sliding against the British pound which worries me more, because I would like to visit the UK again within the year or so.