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Eurozone August 25, 2022 / 11:48 am UTC

Eurozone: No Respite from ‘Weak’ Euro

By Andrew Wroblewski
Although the euro is now trading at a 20-year low of around parity against the dollar, this is more reflective of strength in the U.S. currency. Indeed, on a trade-weighted basis, the euro is hardly weak at all, especially on the broader measures.