MarketsNotableReported
6.6
Euro slides to 1-year low as Fed rate hike expectations boost dollar
FDLO·US · EU·about 9 hours ago
The euro fell to 1.1312 USD, its weakest since May 2025, before recovering slightly to 1.1357. September saw a 2.6% decline, reflecting broad dollar strength or euro-zone weakness. This pressures euro-area importers and tourists while aiding exporters, with implications for ECB policy and inflation.