Business · Markets · 4 hrs ago

Euro falls to its lowest level against the dollar since May 2025

Euro falls to its lowest level against the dollar since May 2025

The euro weakened against the US dollar in overseas trading on October 12, when Japan was on a public holiday.

It briefly traded at about $1.1153, its lowest level since May 2025.

The article links the euro’s continued decline to concerns about France’s political and fiscal situation.

Hedge funds and other speculators have quickly increased bets that the euro will fall.

The dollar may look overbought, but investors are still selling the euro.

The headline also says carry trades are being held back, though the available text gives no further details.

The account does not say what is expected to happen next.

Sources

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