3 ms·
The primary reason the Euro even got so high was the 2008 subprime mortgage fallout. After recovering from that it went to around ~1.1 and seems to remain there
by BigJ1211 3y ago
The primary reason the Euro even got so high was the 2008 subprime mortgage fallout. After recovering from that it went to around ~1.1 and seems to remain there with some ups and downs. Considering the current sociopolitical circumstances surrounding the EU it's not strange that it's slightly lower than normal.