Why is the euro falling and could it hit $1?
The euro has fallen to one-year lows, reviving talk the currency could hit the $1 mark. Donald Trump's U.S. election win raises the prospect of a hike in tariffs that could deal a fresh blow to the euro zone economy.
Trump's victory shakes euro: Will it fall below dollar?
The euro fell to a one-year low, renewing speculation that the currency could hit $1. Donald Trump's victory in the US election raises the possibility of higher tariffs, which could deal a new blow to the eurozone economy,
Explained | Why is the euro falling and could it hit $1?
Not everyone has a bearish long-term view of the euro. Many banks see parity as possible, but not necessarily probable. Faster interest rate cuts from the ECB than in the United States would be negative for the euro,
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Currency strategists are ripping up forecasts for the euro in the wake of the US election and coming up with a new call: a slide toward parity with the dollar.
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The euro further declined against the US dollar following the release of US inflation data on Wednesday. Analysts expect that the euro may continue to face downward pressure against the dollar, even if enthusiasm over Trump's policies subsides.
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The euro fell against the dollar and could slide to parity by the end of 2025, Capital Economics said, pointing to Trump’s likely imposition of tariffs next year which could reduce demand for eurozone exports to the U.
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