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Fuller Treacy Comment of the Day - Euro Tumbles to 20-Year Low, Gold Drops as Dollar Surges on Recession Fear, and more

Fuller Treacy Comment of the Day - Euro Tumbles to 20-Year Low, Gold Drops as Dollar Surges on Recession Fear, and more
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Euro tumbles to 20-year low, parity with dollar in sight

The common currency fell as much as 1.4% to $1.0281, its weakest level since December 2002

Euro tumbles to 20-year low, putting parity with dollar in sight

The euro sank to a 20-year low against the US dollar as investors pared bets on European Central Bank interest-rate hikes, adding to bears' conviction the common currency will tumble to reach parity with the greenback by the end of 2022.

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