Euro to dollar

The euro hit a fresh two-decade low today, dealt a fresh blow by renewed concern that an energy shock will keep inflation elevated and makes a recession in ...

Against a basket of currencies, in which the euro is the most heavily weighted, the US dollar index pulled back from session highs and was last trading at around 108.93. "But of course the increase in gas prices yesterday is bad news all around." Business activity data from Europe was not as bad as feared, pushing the euro off the 20-year low hit early in the session, at $0.99005.

The euro fell to a fresh two-decade low on Tuesday, dealt a fresh blow by renewed concern that an energy shock will keep inflation elevated and makes a ...

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The euro hit a fresh two-decade low against the dollar on Tuesday as fears of tighter US Federal Reserve monetary policy and a European energy crisis ...

“Activity is starting to contract in Europe,” said Juliette Cohen, strategist at CPR Asset Management. The technology-focused Nasdaq Composite added 0.1 per cent. Surveys of business executives in the euro area, which were released on Tuesday, highlighted concerns about the bloc’s economy. The European Central Bank was also unlikely to support the euro with significant interest rate rises that could hasten a recession, he added. Minutes from the Fed’s July monetary policy meeting — at which it raised its main interest rate by 0.75 percentage points to a target range of 2.25 per cent to 2.5 per cent — showed that policymakers discussed keeping rates at levels that would restrict the US economy. The dollar index, which measures the US currency against six others, has gained 2.8 per cent this month and more than 7 per cent in the past three months.

The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency.

A key worry for the U.S. If euro earnings remain in Europe to cover costs there, the exchange rate becomes less of an issue. The ECB is already being pulled in different directions: It is raising interest rates, the typical medicine for inflation, but higher rates also can slow economic growth. Meanwhile, the U.S. The U.S. As the Fed raises interest rates, the rates on interest-bearing investments tend to rise as well. Many analysts attribute the euro's slide to expectations for rapid interest rate increases by the U.S. That’s because the U.S. Europe is far more dependent on Russian oil and natural gas than the U.S. 1, 1999, but then began a long slide, falling through the $1 mark in February 2000 and hitting a record low of 82.30 cents in October 2000. It's a psychological barrier in the markets. While constantly changing, the euro has dropped just below a value of $1 this week.

The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency.

A key worry for the U.S. If euro earnings remain in Europe to cover costs there, the exchange rate becomes less of an issue. The ECB is already being pulled in different directions: It is raising interest rates, the typical medicine for inflation, but higher rates also can slow economic growth. Meanwhile, the U.S. The U.S. As the Fed raises interest rates, the rates on interest-bearing investments tend to rise as well. Many analysts attribute the euro's slide to expectations for rapid interest rate increases by the U.S. That’s because the U.S. Europe is far more dependent on Russian oil and natural gas than the U.S. 1, 1999, but then began a long slide, falling through the $1 mark in February 2000 and hitting a record low of 82.30 cents in October 2000. It's a psychological barrier in the markets. While constantly changing, the euro has dropped just below a value of $1 this week.

The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency.

A key worry for the U.S. If euro earnings remain in Europe to cover costs there, the exchange rate becomes less of an issue. The ECB is already being pulled in different directions: It is raising interest rates, the typical medicine for inflation, but higher rates also can slow economic growth. Meanwhile, the U.S. The U.S. As the Fed raises interest rates, the rates on interest-bearing investments tend to rise as well. Many analysts attribute the euro’s slide to expectations for rapid interest rate increases by the U.S. That’s because the U.S. Europe is far more dependent on Russian oil and natural gas than the U.S. 1, 1999, but then began a long slide, falling through the $1 mark in February 2000 and hitting a record low of 82.30 cents in October 2000. It’s a psychological barrier in the markets. While constantly changing, the euro has dropped just below a value of $1 this week.

The euro has fallen below parity with the dollar, diving to its lowest level in 20 years and ending a one-to-one exchange rate with the U.S. currency.

If euro earnings remain in Europe to cover costs there, the exchange rate becomes less of an issue. Meanwhile, the U.S. The U.S. The ECB is already being pulled in different directions: It is raising interest rates, the typical medicine for inflation, but higher rates also can slow economic growth. [Fed raises interest rates](https://www.pbs.org/newshour/show/federal-reserve-raises-interest-rates-amid-stubbornly-high-prices-and-recession-concerns), the rates on interest-bearing investments tend to rise as well. Many analysts attribute the euro’s slide to expectations for rapid interest rate increases by the U.S. That’s because the U.S. Europe is far more dependent on [Russian oil and natural gas](https://www.pbs.org/newshour/world/fears-of-a-natural-gas-emergency-stalk-europe) than the U.S. 1, 1999, but then began a long slide, falling through the $1 mark in February 2000 and hitting a record low of 82.30 cents in October 2000. Then as now, what appears to be a euro story is also in many ways a dollar story. It’s a psychological barrier in the markets. While constantly changing, the euro has dropped just below a value of $1 this week.