FX

Euro drops to 20-year low against the dollar

By Michele Maatouk

Date: Tuesday 05 Jul 2022

(Sharecast News) - The euro fell to a 20-year low against the dollar on Tuesday as investors scaled back expectations for more aggressive tightening by the European Central Bank.
At 1245 BST, the euro was down 1.2% against the dollar at $1.0297, hitting its worst level since December 2022.

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