SQUAWK/NEWS
Account
Theme
Account
Menu
Live News FX ARTICLE M impact

Euro slides to 17-month low vs. dollar on rates, inflation

The euro fell to its lowest point in 17 months on Thursday, battered by investors concerned about the regional economy's exposure to higher oil prices and inflation, compounded by mounting political uncertainty.

EURUSDDXYEURCHFEURJPYGBPUSDSXXP

The euro fell to its lowest level in 17 months on Thursday as investors sold European assets, citing the impact of higher oil prices and inflation on the regional economy, while rising political uncertainty kept the backdrop unsettled. The currency dropped below $1…