The dollar is in charge as recession worries affect the euro and the pound
The dollar held at a 20-year peak against the euro and multi-month highs against other major peers. Euro was only a fraction above its overnight low of $1.0262. Sterling was also trading down slightly at £1.1965 just off its 18-month intraday low hit overnight. The euro’s drop against the pound was much more muted, slipping just 0.2% on Tuesday. The
