The euro accentuated its losses against the dollar and other safe havens on Tuesday, hurt by the prospect of reduced gas supply, while the Fed in the United States is preparing to raise its rates.
The idea that the euro zone will have to wean itself off the pain of Russian gas, at the risk of plunging the economy, caused the euro to lose 0.96% to 1.0122 dollars around 7:15 p.m. GMT.
The euro was also losing ground against other currencies considered to be safe havens. It hit its lowest since 2015 in session at 0.9743 Swiss francs.
The energy ministers of the European Union, meeting in Brussels, have agreed to reduce their gas consumption in a coordinated manner and thus fly to the aid of Germany.
The day before, the Russian gas giant Gazprom, which had resumed deliveries to Germany through the Nord Stream gas pipeline, announced new drastic cuts from Wednesday.