Euro breaks $1 for first time in 20 years – bulldozed by an unstoppable dollar - Business Insider South Africa

7/13/2022 12:00:00 AM2 years 9 months ago
by George Glover
by George Glover
The dollar has surged this year as the Fed hikes interest rates aggressively. These three other major currencies have, or could soon, slip below $1.
The euro has slipped below $1 for the first time since December 2002 this week — its latest milestone in a disappointing year where it has slid 12% against the greenback. Analysists say the threat o… [+3197 chars]
full article...