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The Euro crashes as CPI data casts a shadow

The euro was last worth the same as the dollar in December 2002, shortly after the currency was established. 19 European countries use the Euro and that’s a lot of GDP to make a mess of. And of course we’re looking to the Fed’s interest rate hikes which have made the dollar dollar bill a…

By: Robin Schmidt •  

The Euro crashes as CPI data casts a shadow

The euro was last worth the same as the dollar in December 2002, shortly after the currency was established. 19 European countries use the Euro and that’s a lot of GDP to make a mess of. And of course we’re looking to the Fed’s interest rate hikes which have made the dollar dollar bill a safe haven for investors everywhere looking to protect against surging global inflation.