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MarketsEuro Is Sliding Toward Dollar Parity for First Time in 20 YearsEuro’s slump to five-year low leads funds to bet on parityGloomy economic outlook is fueling demand for dollars as havenWATCH: Recession threat hangs over Europe’s economic growth. Caroline Hyde reports.Source: BloombergByAlice Gledhill+FollowMay 15, 2022, 7:00 AM UTCWant the lowdown on European markets? In your inbox before the open, every day. Sign up here.The euro is on the verge of U.S. dollar parity for the first time in two decades.
