Euro Tumbles To Dollar Parity For First Time Since 2002

Source: https://www.zerohedge.com/markets/euro-tumbles-dollar-parity-first-time-2002
Published: Jul 12, 2022
Author: Tyler Durden
Post Date: 2022-07-12 06:51:25 by Horse
Views: 422

“The worst case (total stop of gas flows) brings recession and probably another 10% fall by the euro from here,”

Poster Comment:

British pound rose 4% against the dollar since last week. Yen is cratering. Euro next. Then the dollar and the pound next year.

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#1: Pinguinite    To: Horse (#0)

No doubt due to the Fed raising rates by 0.75 points recently.

Pinguinite posted on 2022-07-12 09:41:03   Reply   Private Reply