Downturn Continues: Euro Falls Below 1.12 Dollars
TL;DR
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The Euro has fallen below 1.12 US dollars due to political uncertainties in France and Spain, and higher US bond yields. High oil prices and the US Federal Reserve's interest rate policy also favor the dollar.
Source: tagesschau.de
Same event
- Euro at 17-Month Low: Concerns Over France, Snap Election in Spain
- Downturn Continues: Euro Falls Below 1.12 Dollars
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