Parity between the dollar and the euro will soon be reached.
Not everyone remembers the times when 1 euro was worth less than a dollar; everything changed after the terrorist attacks in New York fifteen years ago.
Following the infamous events, the US dollar fell for a long time against most major world currencies.
How justified was this decline? After all, the American economy didn't suffer enough damage to cause the US currency to halve.
Confirming this fact over the past few years, the US dollar has been confidently regaining its position in global markets.
The euro/dollar exchange rate has now reached 1.03 dollars per euro, with many analysts stating that parity between the two currencies is likely to be reached.
