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Thursday, March 12, 2015

Why Is The Euro Falling? Here Are Four Factors Driving The Currency's Slide

The euro is approaching parity with the U.S. dollar, something the world hasn't seen since 2002. The eurozone's official currency has tumbled 12 percent since the start of 2015, hitting a 12-year low of $1.0495 against the greenback Thursday.

Here are the four main factors driving the euro's steep decline this week:

Read more...  http://m.ibtimes.com/why-euro-falling-here-are-four-factors-driving-currencys-slide-1844334

Reuters: Business News

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