The fall of the euro against the US dollar reflects the sinking economic fortunes of Europe in the event of a war in Ukraine. But unlike last time the euro was so weak 20 years ago, no one is coming to the rescue of the common currency.
One euro recently bought $0.9983, the weakest level for the common currency since 2002. euro This year there has been a steady declineAnd the sell-off intensified in recent days as investors geared up to enact Russia a full blown gas cutoff That many fear will push the sector into a deep recession. On Thursday, the euro was to be taken down even more Political crisis in Italy,