Euro Hits 17-Month Low Against Dollar Ahead of Fed, ECB Decisions
The euro fell to a 17-month low against the dollar as the U.S. currency strengthened and French fiscal concerns lingered. Markets price more than 70 basis points of tightening over the next year, LSEG data show.
The euro falls to a 17-month low against the dollar as the U.S. currency strengthens and French fiscal concerns linger. The Federal Reserve is broadly expected to leave rates unchanged in a decision at 1800 GMT but markets price over 70 basis points of tightening over the next year, LSEG data show…