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The euro is going bananas

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by , 03-23-2015 at 12:27 PM (1091 Views)
      
   
The euro is climbing against the dollar again on Friday, rising more than 1.7% to as high as $1.085 as of around 12:40 pm ET.

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The euro spiked against the dollar when the Fed's latest decisions came out, as the US central bank looked less likely to hike rates in June (which would typically strengthen the dollar).

As it stands so far, the euro's depreciation bottomed out five days ago, below $1.05. A lot of people are still expecting parity by the end of 2015.

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