Euro falls below 1.12 on hawkish Fed and geopolitics
The Euro extended losses against the US Dollar, falling below the 1.1200 level following hawkish comments from a Fed policymaker and amid geopolitical concerns over the US-Iran conflict and Russia’s invasion of Ukraine.
Original · FXStreet AI summary of public reporting
Why: Fed hawkish comments lift USD → EUR falls below 1.12
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At publication → CurrentEUR1.116 → 1.116+0.0%