The EUR/USD exchange rate fell by 0.4% during the day to 1.0314, the lowest level since November 2022. Since late September of last year, this currency pair has decreased by about 8% due to market concerns about the European economy and the divergence in monetary policy with the USA. Worries about the impact of US trade tariffs on the region's export-oriented economies, along with expectations that the European Central Bank may lower rates more than the Federal Reserve, have contributed to the decline of the euro exchange rates. The political uncertainty in the EU's largest economy has also increased the pressure. Many strategists predict that the euro will drop to parity with the dollar this year, or even lower. The last time this key psychological threshold was breached was in 2022, when the Russia-Ukraine conflict began, triggering an energy crisis in Europe and raising concerns about economic recession.