EUR/USD parity

An Historic Day for the Euro and Not in a Good Way

July 12, 2022

The common European currency has been around since the start of 1999. At launch, the euro exchanged for $1.1875. In overnight trading it briefly touched dollar parity, that is a value of $1.0000. Amid uncertainty that the newly created European hybrid currency would long survive, the euro initially embarked on a downward trend, falling below […] More

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