Reported about 6 hours ago
Recent monetary policy decisions by the European Central Bank (ECB) and the Federal Reserve (Fed) indicate a significant divergence, positioning the euro for further declines against the dollar. While the Fed has maintained interest rates, the ECB is lowering them, likely widening the gap between US and European rates. Analysts are predicting a possible dip to parity with the dollar amid potential tariffs from the US and stagnant eurozone growth, raising concerns about the euro's stability.
Source: YAHOO