Euro US Dollar (EUR/USD) Exchange Rate Tumbles to 14-Month Low

The Euro US Dollar (EUR/USD) exchange rate has fallen to a 14-month low today amid a surge in the US Dollar (USD).

A prevailing risk-off mood seems to be supporting the safe-haven ‘Greenback’, while the single currency is pressured by Europe’s energy crisis and the European Central Bank’s (ECB) dovish stance.

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