Euro Slips Below Dollar as Europe’s Economic Fortunes Slump - The Wall Street Journal

The euro selloff has intensified as investors gird for a Russian gas cutoff that many fear will drive the region into a recession. But unlike the last time the common currency was this weak 20 years ago, nobody is coming to its rescue.

The euros slide below parity with the U.S. dollar reflects Europes sinking economic fortunes in the face of the war in Ukraine. But unlike the last time the euro was this weak 20 years ago, nobody is… [+426 chars]

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