Complete News World

Erholung im späten Verlauf: Euro steigt im US-Handel wieder über Parität

Late-stage recovery: Euro rises again above par in US trade | 07/14/22

The euro recovered on Thursday after falling below par in US trading.

Recently, the single currency was priced at $1.0020. In European business, the euro fell to $0.9952. Parity is a one-to-one exchange rate for currency pairs.

The main reasons for the Euro’s current weakness are the risk of an energy crisis in Europe and the European Central Bank’s hesitant resistance against high inflation. “At the moment, almost everything seems to be speaking against the euro,” said Thomas Getzel, chief economist at VP Bank. “The Euro is losing and as a result the inflation problems are getting worse.”

New York (dpa-AFX) –

Trade forex now with a leverage of up to 30


Trade forex with high leverage and small spreads. With only €100.00 you can benefit from the effect of €3000 in your capital! Get a reward now.

77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can take the high risk of losing your money.

See also  An industrial automation expert expands to the west of Linz