Euro Plunges Below Dollar First Time in Two Decades as Skyrocketing Gas Prices Fuel Recession Fears

from Sputnik News: The euro plunged to its lowest level in two decades on July 5, shedding close to 1.5% to hit $1.0265 against the greenback, as fears of a recession in the 19-country euro zone ramped up. Euro zone inflation recorded a new record high in June at 8.6% (year-on-year) buffeted by skyrocketing gas […]