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Euro hits 17-month low on energy costs, French debt worries
Financial Times·FR · DE · US·1 day ago
EUR/USD fell below 1.12 on Monday, the lowest since May 2025, extending a dollar rally. The move reflects persistent dollar strength and euro-area headwinds, though the specific drivers are not detailed in the source. This marks a continued trend of dollar appreciation, with implications for global trade and emerging-market currencies.