Europe Plummets to 20-Year Low Following Russian Oil Ban
The euro hit a 20-year low on Monday, plummeting below $0.99 as natural gas prices soar to new highs. This comes after Russia halted gas supplies via its main pipeline to Europe, the Nord Stream pipeline.
While the Nord Stream was already operating at a...
Euro Dips to 20-Year Low Against USD, Closing in on Parity
The Euro continued its slide against the U.S. dollar on Tuesday to reach its 20-year low. After holding itself around $1.04 in recent days, Euro is now $1.02, which marks its lowest point since November 2002.
There are quite a few reasons for Euro's tumble,...