https://sputnikglobe.com/20220705/euro-falls-below-103-first-time-since-december-2002-1096973325.html
Euro Falls Below $1.03 First Time Since December 2002
Euro Falls Below $1.03 First Time Since December 2002
Sputnik International
MOSCOW (Sputnik) - Euro fell below $1.03 for the first time since December 2002, trading data show. 05.07.2022, Sputnik International
2022-07-05T10:43+0000
2022-07-05T10:43+0000
2022-07-05T10:43+0000
dollar
euro
https://cdn1.img.sputnikglobe.com/img/105511/74/1055117466_0:98:1920:1178_1920x0_80_0_0_8c80cd37da495564e3ab24349d4cdaa4.jpg
As of 10.00 GMT, the euro traded $1.0296, down from the previous close of $1.0421. The dollar index was 1.04% to 106.23 points.Pressure on the euro is exerted by fears around the energy crisis in Europe. Norway's Equinor suspended production at a number of fields due to strikes, which pushed gas prices further up. From July 11 to July 21, Nord Stream will stop for scheduled maintenance work. Against this background, gas futures in Europe are growing by 6% to above $1,800 per thousand cubic meters.
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
2022
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
dollar, euro
Euro Falls Below $1.03 First Time Since December 2002
MOSCOW (Sputnik) - Euro fell below $1.03 for the first time since December 2002, trading data show.
As of 10.00 GMT, the euro traded $1.0296, down from the previous close of $1.0421. The dollar index was 1.04% to 106.23 points.
Pressure on the euro is exerted by fears around the energy crisis in Europe. Norway's Equinor suspended production at a number of fields due to strikes, which pushed gas prices further up. From July 11 to July 21,
Nord Stream will stop for scheduled maintenance work.
Against this background, gas futures in Europe are growing by 6% to above $1,800 per thousand cubic meters.
