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DOLLAR

Euro falls against the dollar after ECB rate hike

October 27, 2022

The euro briefly fell back below parity with the dollar today after the European Central Bank (ECB) raised interest rates, and US data showed that the world’s biggest economy rebounded more than expected in the third quarter. The ECB raised its deposit rate by 0.75% to 1.5%, the highest since 2009, in an effort to … Read more

Categories BIG STORIES, News, WORLD Tags DOLLAR, ECB, EURO Leave a comment

Euro falls below dollar for first time in 20 years

July 17, 2022

For the first time in 20 years, the euro has fallen below the dollar as the war in Ukraine pushes the single currency down. The euro down about 12% since the start of the year. Fears of the recession on the continent abound, stoked by high inflation and energy supply uncertainty caused by Russia’s invasion … Read more

Categories BIG STORIES, IRELAND, News, WORLD Tags DOLLAR, ECONOMY, EURO, PARITY Leave a comment

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