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Euro nears 20-year low against dollar on recession fears
The euro nears 20-year low against dollar as investors worry that the eurozone may be approaching an energy shock that could send it into recession.
Follow FactSet. Its decline — as well as the strength of the dollar—This year has renewed concerns that the euro could parity with the greenback. The WSJ Dollar Index, which measures the dollar against a basket of 16 currencies, was up 0.7%.