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

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]

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