Inflation, war in Ukraine, risk of recession: there is no shortage of questions for investors and companies. There is one that has resurfaced after several quarters passed under the radar: the currency effect, with the dollar as a special guest. The greenback and the European currency returned to almost parity in mid-July, as a result of the euro’s slide, – 13% in one year, against the dollar. This was an event for forex traders, but not only.
Mainly due to two factors. “The first is the difference in anticipation on monetary policies between the two zones…
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