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Analysts say the euro could fall further if fast-rising US consumer prices keep investors betting on US rate rises

Euro falls below dollar parity for 1st time since 2002

The euro dropped below parity against the dollar today for the first time in almost two decades, as a hawkish US Federal Reserve and growing concern about rising recession risks in the euro area continued to batter the single currency.

Business • 13 Jul 22

The euro hit two decade lows this week as surging energy prices fanned recession fears

Euro trading at just off two-decade low

A slight pullback in the dollar offered the euro some respite, allowing it to edge away from two-decade lows reached this week after surging energy prices fanned recession fears.

Business • 07 Jul 22

Sterling has been floored to two-year lows versus the dollar below $1.18 this week

Sterling gains as Johnson announces resignation

Sterling held on to its gains today after Boris Johnson said he was quitting as prime minister following a rush of ministerial resignations and calls for him to go.

Business • 07 Jul 22

Sterling has edged back towards more than two-year lows against the dollar today

Sterling edges back towards more than 2-year lows

A battered British pound edged back towards more than two-year lows against the dollar today as British Prime Minister Boris Johnson clung to power after key cabinet members quit unexpectedly.

Business • 06 Jul 22

The euro's fall is threatening a push towards dollar parity for the first time since its creation in 1999

Euro hits 20-year low against dollar on recession risk

The euro sank today to its lowest level against the dollar since 2002 as data pointed to a growing recession risk in the euro zone.

Business • 05 Jul 22

The euro and sterling both fell today on global slowdown fears

Euro, sterling knocked by global growth worries

Both the euro and sterling fell today as concerns resurfaced that interest rate hikes from major central banks to contain inflation run the risk of a sharp global growth slowdown or recession.

Business • 22 Jun 22

Analysts and traders shrugged off the election results, with the euro rising 0.2% against the dollar to $1.05155

Euro rises with focus on ECB, dollar retreats

The euro rose today as markets focused on the European Central Bank's tools to fight fragmentation in the currency bloc, looking through the risk of political gridlock in France for now after President Emmanuel Macron lost an absolute majority in the country's parliamentary election.

Business • 20 Jun 22

Against the euro, the pound is trading at around 85.5 pence this morning

Johnson vote rocks sterling, wiping out gains

Sterling has been rocked by discontent within Westminster following Boris Johnson's relatively narrow victory in a confidence vote, unsurprisingly losing ground against major peers.

Business • 07 Jun 22

The euro is falling against a strengthening dollar today

Euro at month-low as West prepares new Russia sanctions

The euro fell today to its lowest level in one month against a strengthening dollar as the prospect of new Western sanctions on Russia added pressure to the European currency.

Business • 06 Apr 22

The euro has been under pressure due to worries about the economic damage from the war in Ukraine

Talk of new sanctions on Russia hits the euro

Sterling gained versus the euro today as the prospect of more sanctions against Russia knocked confidence in the euro zone economy, while continued bets on a rapid pace of interest rate rises from the Bank of England also supported the pound.

Business • 04 Apr 22

Sterling slips as manufacturing growth falls

The British pound declined against a strengthening US dollar and was on track for a weekly loss of around 0.7% as UK manufacturing growth hit a 13-month low, while US job growth continued at a brisk clip last month.

Business • 01 Apr 22

The euro fell against the dollar today amid another sharp increase in oil and natural gas prices

Euro weakens as Biden travels to Europe

The euro weakened against the dollar today amid another sharp increase in oil and natural gas prices and while investors waited for US President Joe Biden to unveil new sanctions against Russia during his trip to Europe.

Business • 23 Mar 22

The battered euro saw gains today ahead of this week's European Central Bank meeting

Euro rallies as commodity prices ease

The euro gained more than 1% against the dollar today as risk appetite returned to financial markets and commodity prices eased from recent peaks that were driven by Russia's ongoing invasio

Business • 09 Mar 22

The euro regained some ground today after five sessions of declines versus the dollar

Euro rises from 22-month lows as Ukraine crisis grips

The euro has rallied from 22-month lows against the US dollar, lifted by expectations that the euro zone will increase fiscal spending to help offset the economic effects of the Russia-Ukraine conflict, which pushed energy and other commodity prices higher.

Business • 08 Mar 22

The euro is on track for its biggest three-day loss in two years

Euro set for biggest 3-day drop in 2 years as oil soars

The euro tanked more than 1% against the dollar today and was on track for its biggest three-day loss in two years as soaring oil prices stoked fears of a stagflationary shock that could hammer European recovery hopes.

Business • 07 Mar 22

The euro today hit its lowest level against sterling since Britain voted in favour of Brexit

Euro sinks against pound on Ukraine turmoil

The euro sank today to the lowest level against the pound since mid-2016, as the Ukraine conflict triggers concerns over the euro zone's economic recovery from the pandemic.

Business • 03 Mar 22

Sterling steadies after post-ECB tumble

Sterling steadied against the euro today after a sharp slide last week triggered by the European Central Bank's more hawkish tone, which overshadowed the Bank of England's rate rise.

Business • 07 Feb 22

Sterling rose 0.3% against the euro to a fresh 23-month high at 83.07 pence at 1528 GMT

Sterling hits 23-month high versus euro

Sterling hit a fresh 23-month high and rose versus a weakening dollar on Thursday, still supported by expectations of rate rises, but with analysts questioning if the Bank of England (BoE) will be able to provide a hawkish surprise at its February meeting.

Business • 20 Jan 22

The UK economy grew by a much stronger-than-expected 0.9% in November, new figures show today

Sterling edges higher against euro after robust UK data

Sterling edged higher against the euro today after robust economic data, while investors assessed the impact of a potential leadership change in the country.

Business • 14 Jan 22

Over the past weeks, investors have ramped up expectations that the BoE will raise interest rates as early as next month

Sterling steadies near 23-month high versus euro

Sterling rose today to touch a pre-pandemic high versus the euro, supported by expectations that the Bank of England will raise interest rates further.

Business • 11 Jan 22

Sterling has strengthened since mid-December as UK government resistance to further Covid restrictions provided a much-needed boost to sentiment

Sterling hits highest since February 2020 against euro

Sterling today hit its highest level against the euro since February 2020 amid rate rise expectations and easing fears about the adverse impact of the Omicron variant on the economy.

Business • 10 Jan 22

Sterling was up 0.1% against the euro at 84 pence per euro

Sterling at highest level against euro since Feb 2020

Sterling hit its highest level against the euro since the end of February 2020 as easing concerns about the economic impact of the pandemic boosted risk-on currencies.

Business • 31 Dec 21

Sterling has been falling in recent weeks

Sterling sinks below $1.33 for first time this year

Sterling briefly dropped below $1.33 for the first time since December 2020 today as the currency found itself caught up in the dumping of riskier assets amid panic over a new Covid-19 variant described as the most concerning yet.

Business • 26 Nov 21

Sterling has firmed more than 2% against the euro since hitting one-month lows on 5 November

Sterling holds near early-2020 high vs euro

The British pound held near its strongest levels since early 2020 against the beaten-down euro today, but slipped against the dollar, which rallied after Federal Reserve Chair Jerome Powell was nominated for a second four-year term.

Business • 22 Nov 21

New UK retail sales figures help fuel bets the Bank of England will raise interest rates in December

Sterling enjoys best week against euro since lockdown

Sterling has risen versus the euro as economic data fuelled bets the Bank of England will raise interest rates, while the euro weakened with Austria announcing a new Covid-19 lockdown.

Business • 19 Nov 21