The euro is under pressure from the energy shock and the intensification of political risks in Europe

The euro is under pressure from the energy shock and the intensification of political risks in Europe

🔹Reuters: The euro reached its lowest level against the dollar this year and is under pressure at the same time as the rise in energy prices, the increase in political risks in Europe and concerns about the economic outlook for this region.

Last month the euro was on its way to reach $1.20, but this month it fell by about 2% and reached the lowest level of the last two months, which is slightly below $1.14.

Irna Jahan