EUR underperforms on fiscal stress, fewer ECB hikes
Brown Brothers Harriman reports the Euro is underperforming major currencies with EUR/USD briefly hitting 1.1161, its lowest since May 2025. France’s budget crisis is spilling into wider Eurozone bond markets and complicating potential ECB policy moves.
Original · FXStreet AI summary of public reporting
Why: Fiscal stress and fewer ECB hikes weigh on EUR
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At publication → CurrentEUR1.122 → 1.12−0.1%