Will the exchange rate of the US dollar close to the cheap euro exchange rate continues to fall?

Author:CCTV Finance Time:2022.07.12

On the 11th local time, the exchange rate of the euro to the US dollar once fell to $ 1.0032, which was close to the lowest level, the lowest level since December 2002.As of the afternoon of the 11th local time, the euro exchange rate against the US dollar was nearly $ 1.0040.The analysis believes that this is mainly because the market is concerned that the energy crisis will cause Europe to fall into decline.The Federal Reserve ’s interest rate hike is faster and larger, and the expected expectations boost the dollar.Analysts believe that a series of radical interest rate hikes, including the Federal Reserve, including the Federal Reserve, and the slowdown in economic growth, prompting investors to turn to the US dollar to avoid risks and will continue to put pressure on the euro.

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