How Low Can the Euro Go?

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The euro is hurtling towards parity with the U.S. greenback for the primary time since its early years of existence. Buyers are betting it may get loads worse for the widespread forex.

The descent provides to the eurozone’s inflation woes and complicates the European Central Financial institution’s plans for unwinding its pandemic stimulus. It additionally carries massive implications for U.S. buyers and companies with operations on the continent, as the worth of their abroad earnings slides in greenback phrases.

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