The U.S. Dollar vs. the Euro

By Michelle Seiler-Tucker

The recession of 2008 greatly impacted economies across the world. In the seven years following the crash, markets lifted themselves back towards prosperity with varying degrees of success. One of the fastest recovering globally significant economies is that of the United States, and while there still remains years of work, we are faring much better than certain European counterparts. One of the hardest hit and slowest to recover is Greece, which is an anchor weighing down the recovery of the euro zone. As a result of the United States’ success and Europe’s sluggishness, the U.S. dollar is rallying against the euro, coming within a few cents of parity. [more...]