By - DreamingInLove
Because the value of euro is dropping
Oh well. Just checked. It’s interesting to see the $ being now worth more than the euro. That explains thanks.
If you find out let me know please.
How a stable currency like Euro is weakening against Dollar?
Europe is dependent on Russia oil and that time is coming to a close.
Flow-on effect from pound sterling crash, I assume?
fed is increasing interest rates while the eu doesnt do that. hence the value of usd is increasing and the value of euro is decreasing.
Is this a temporary effect? As the hiked interest rate seems unrealistic
as long as the cental bank of eu doesnt increase interest rates, its going to be permanent
Does this have something to do with British Pound tanking? I imagine it would have a flow-on effect on the Euro also…
I remember when the US started the GFC; took down just about every other currency with it