Idk. Dont really keep track of that stuff

Probably something about sanctions and pipelines and soaring energy costs that's over my head

Lifts more

What's happening in Europe? Other than the war between Ukraine and Russia.

it is the logic of professional gambling and does not reflect any economical reasons. Also since the world now strongly wants to go fascist people look for foreign currencies to invest their cash. Everybody wanted € so it went up and now people think $ is cheaper and similar.