The Euro is dropping below the dollar

[RainCaster]

Yep- it really is. Here's the link.

The single currency closed at 0.9927 per US dollar on Tuesday, according to European Central Bank data. That's the lowest it has closed against the greenback in over two decades. The current slide has been swift: Just before Russia launched its war in Ukraine, €1 was worth $1.15.

[Alhena]

1. Not surprising- they are so energy dependent. We have a lot of oil and gas

Not 100% sure that's the reason, but I bet it's part of it.

[Turbineguy]

2. During the Clinton years it was $0.75.....

Bush drove it up to $1.50 at its height.

[Amishman]

4. All time low was 82 cents, and that was during the unstable first two years of its existance

[DarthDem]

3. Nice to See

I am a huge fan of Europe, but have never really been a fan of the fact that dollar was worth less than the Euro. I know the proffered reasons for it, but they're not acceptable to me. And sure enough, look at that - the dollar can indeed be worth more.

[frazzled]

6. Well, when a really good glass of wine

in Italy is 5, 6, or 7 euros, you really don’t mind. Glasses that would cost $12 to $16 in a US restaurant.

[DarthDem]

8. Now I Mind Even Less! :)

[herding cats]

5. Wow, wish I could travel right now.

That's an great exchange rate for a change.

[CTyankee]

7. Damn! I just postponed a trip I was gonna take in September....until next March...

[RicROC]

9. well, so much for the Repug claim that the US economy is in shambles.

[DFW]

10. As one who is paid in dollars but lives in Euros

It is a welcome relief from years of a very high cost of living. It won’t last. Nothing in the financial world is permanent, with the notable exception of Trump’s dishonesty.