Euro finally crumbles below $1 for the first time

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The euro hit exactly $1 for the first time in 20 years on Tuesday, after Russia’s decision to shut off a major natural gas pipeline threatened to wreak havoc across the region and business sentiment in Europe’s economic powerhouse hit a 10-year low.

“The threat of economic warfare will be on every trader’s mind and depress the euro in the coming days until market participants have a better idea of what Russia plans to do next,”






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