After starting the week with gains, the euro has been on a nasty slide, which has continued on Friday. EUR/USD has dropped below the symbolic 1.10 level in the European session and is at its lowest level since June 2020.
Fire at Ukraine nuclear plant sends euro lower
The intensified fighting which is raging in Ukraine has taken its toll on the euro. The grim news of a fire at a Ukrainian nuclear plant caused by Russian shelling has resulted in safe haven flows which has boosted the US dollar
04-03-2022 06:50 GMT
by Kenneth Fisher