Business

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%.



Source link

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button