The currency has weakened to a 20-year low against the greenback The euro on Friday continued its slide to new 20-year lows against the dollar amid concerns of the bloc’s looming recession, with investors betting on potential parity with the US currency. It was trading as low as $1.0081 to the dollar on Friday as of 07:44 GMT. The currency’s downward spiral has been swift, given that it was trading around $1.15 in February. There’s approximately a 50% implied probability of the euro hitting parity against the greenback in the next month and a one-in-four chance that it will hit 0.95 by the end of the year, accor
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