Euro slips below dollar ...News

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The single currency has weakened to a 20-year low against the greenback The euro fell below parity with the US dollar for the second time in just over a month on Monday as investor fears of a Eurozone recession mount. The single currency slid to as low as $0.9935, before paring some losses. That’s one of the lowest levels in two decades after a climb to around $1.03 at one point earlier this month. The euro was trading at around $1.15 in February. “The end of summer sees the euro back under pressure, partly because the dollar is bid and partly because the Damoclean sword hanging over the European economy isn’t g

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