Moreover, the U.S. dollar is seen as a safe-haven currency, which tends to appreciate during times of distress or uncertainty.
“Gordon eyed the euro’s March 2015 low of $1.046 as the next level of support,” according to CNBC.
That would put the euro in danger of coming to parity with the U.S. dollar. [Parity With Dollar Coming for Euro]
CurrencyShares Euro Currency Trust
