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Ukraine's Battlefield Wins Boost Euro

·1 min read
Ukraine's Battlefield Wins Boost Euro

The euro has been lifted further above parity with the U.S. dollar this week, driven in part by optimism over [Ukraine’s progress in the war](https://www.wsj.com/articles/ukraines-eastern-advance-puts-forces-close-to-key-town-11662718470?mod=article_inline) with Russia. The euro has risen more than 1% against the dollar this week to $1.02. Just last week, the euro fell to a new 20-year low below $0.99 as investors feared a worsening energy crisis due to Russia's decision to [indefinitely shutdow