The magnificent euro is holding up remarkably well (for now)

July 12, 2022 - by swami-vivekanand - Leave a Comment

The Fed is compounding the shock by draining global dollar liquidity at a net annual pace of $2 trillion, that is to say by switching almost overnight from $120bn a …

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Euro tumbles to 20-year low against dollar over fears Putin will cut off gas

July 11, 2022 - by swami-vivekanand - Leave a Comment

Lee Hardman, an analyst at MUFG, said that it is “only a matter of time” before one euro is worth less than one dollar, after the bloc’s currency tumbled more …

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