EUR drops below 1.12 ahead of Fed and ECB decisions
Germany's Ifo survey beat forecasts on Monday but EUR/USD fell back below its pre-release level and reached its lowest since October 15 as traders bought dollars ahead of the FOMC meeting ending Wednesday.
Original · FXStreet AI summary of public reporting
Why: Dollar buying ahead of FOMC → EUR/USD falls
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Prices since publication
At publication → CurrentEUR1.118 → 1.1180.0%