The euro plunged, yesterday Monday, August 22, 2022, under parity with the dollar, at the lowest since almost 20 years, taken in vice between a major energy crisis in Europe and, in the United States, an EFF still offensive to curb inflation.
Yesterday, around 8:15 p.m., the euro lost 1.05 % to 0.9932 dollars, at the lowest since December 2002. The single currency had already descended for the first time under the mid-July parity.
The closure announced, for maintenance, of the Nord Stream 1 gas pipeline, which provides most of the Russian gas to Europe, between August 31 and September 2, has further accentuated fears of shortage on the old continent, and makes the natural gas courses in Europe take off.