, as investors worry an energy crisis will tip the region into a recession.
The dollar index, which tracks the currency against a basked of six peers rose to 108.44, the highest since October 2002. Also high on investors' list of worries is the fact that a growing number of Chinese cities, including the commercial hub Shanghai, are adopting fresh Covid-19 curbs starting from this week to rein in new infections after finding a highly-transmissible Omicron subvariant.
Europe is in a mess. Failed energy policy, rampant inflation, war in Ukraine, Euro getting weaker & weaker, ECB afraid to raise rates because of indebted Euro nations...worrying times