Euro to dollar

Growing fears of a recession in the eurozone push the euro to its lowest level against the US dollar since 2002.

The European Union’s single currency has sunk to its lowest level against the US dollar since 2002 as data pointed to a growing recession risk in the eurozone. Growing fears of a recession in the eurozone push the euro to its lowest level against the US dollar since 2002. Just before 09:00 GMT, the shared eurozone unit tumbled to $1.0306, threatening a push towards US dollar parity for the first time since the euro’s creation in 1999.

The euro sank on Tuesday to its weakest level against the dollar in almost 20 years while oil futures tumbled and bond prices rose as investors sought ...

read more This was after the pan-European STOXX 600 index (.STOXX) had closed down 2.11%. "All the macro headlines continue to be negative. read more The dollar is seen as a safe haven in times of acute economic uncertainty. read more The euro dropped by almost 1.8% against the dollar to $1.0236 , its weakest level since December 2002. It was last down 1.48% against the dollar. read more read more

The euro slumped to a two-decade low on Tuesday as the latest surge in European gas prices added to worries about a recession.

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The euro sank today to its lowest level against the dollar since 2002 as data pointed to a growing recession risk in the euro zone.

"Today's PMI data from Europe have highlighted the risk of slowing growth at the end of the second quarter and raise the prospect of a contraction in activity in the coming months," she added. "A move to parity between the euro and the dollar could not be ruled out over the course of the summer," he added. The euro sank today to its lowest level against the dollar since 2002 as data pointed to a growing recession risk in the euro zone.

The dollar stood tall on Wednesday, holding at a 20-year peak against the euro and multi-month highs against other major peers as higher gas prices and ...

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The euro is languishing at its lowest level against the dollar since 2002 on mounting recession fears, as central banks hike interest rates to combat ...

The euro sinks to $1.0341 on January 2017, as investors seek haven in the dollar in the face of political turmoil. The single currency recovers strongly to $1.2555 in February 2018 as the election of Emmanuel Macron as French president reassures traders over the future of the euro zone. The unit sinks under $1.05, in a slide linked to the European Central Bank's purchase of assets to support lending across a floundering euro zone economy. The euro spikes in July 2008 at a record high $1.6038. It has not gone higher. In January 2000, the euro sinks below parity against the dollar, which is boosted by a booming US economy. In October 2000, the unit collapses to a record low of $0.8230.