EUR hits 17-month low as ECB holds rates, US PCE accelerates
EUR/USD fell to a fresh 17-month low of 1.1105 after the ECB held rates and US PCE inflation accelerated, reinforcing hawkish Fed expectations.
Original · FXStreet AI summary of public reporting
Why: ECB holds rates + US PCE accelerates → hawkish Fed bets
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At publication → CurrentEUR1.113 → 1.117+0.3%