The Euro Is Down Below Parity Amid The Energy Crisis

Published: Aug. 23, 2022, 7:21 p.m.

b'"News from Russia that they will halt the pipeline for another few days. What will happen with energy prices? The Euro currency is below parity currently, while the British Pound is trading at 3-year low. The Japanese Yen and Canadian Dollar are also weakening," says Scott Bauer. Bauer also states that we are currently in a risk-off environment where the U.S. Dollar is seen as a safety haven.'