Pessimism abounds over the prospects of the European Central Bank intervening to keep the euro from falling further.
A key downside factor for the unit is a flight of money from Europe to the U.S.
European firms have jumped on the bandwagon of buying into U.S. firms through mergers and acquisitions, creating new demand for dollars.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.