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Russian Gas Holds the Keys to the Euro Amid Europe’s Energy Crisis

  • The euro’s slide below parity with the US dollar is tied to the uneasiness in energy, experts say. 
  • “The recent deterioration in gas supply to Europe has played a significant role in driving a weaker euro.”
  • The euro could pull back further to fall between $0.95 to $0.97 against the dollar, a range of analysts said.

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