Headline from Journal Times, on the newest of 2 developments
For the first time in 20 years, the euro is hovering near parity with the dollar. Here's why the euro's slide is happening and what impact it could have.
Journal Times's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
The euro and the US dollar are at parity for the first time in 20 years
For the first time in 20 years, the exchange rate between the euro and the US dollar is nearly the same -- the two currencies are less than one cent away from parity.
By Nicole Goodkind, CNN Business For the first time in 20 years, the exchange rate between the euro and the US dollar has reached parity — meaning the two currencies are worth the same. The euro hit $1 on Tuesday, down about 12% since the start of the year. Fears of recession on the continent
Fears of a looming recession, Russia's invasion of Ukraine, and a growing European energy crisis have pushed the value of the euro down to parity with the US dollar.
For the first time in 20 years, the euro is hovering near parity with the dollar. Here's why the euro's slide is happening and what impact it could have.
The euro is hovering close to parity with the dollar, falling to its lowest level in 20 years and even briefly touching a one-to-one exchange rate with the U.S. currency
