The world's two most traded currencies are less than one penny away from reaching parity for the first time since 2002. On Monday, the euro exchange rate was down 0.9% to $1.009. And over the last 12 months, the euro has fallen 15% against the dollar. Compared to the European Central Bank, the Federal Reserve has been hiking interest rates at an aggressive pace, pushing yields on US Treasury Bonds higher than those on European bonds and sending investors flocking to the dollar. Meanwhile, Russia's invasion of Ukraine and subsequent Western sanctions on Moscow have sparked an energy crisis, worsening sky-high ... (full story)