Euro Hits 17-Month Low Against Dollar After ECB Holds Rates
The euro fell to a 17-month low against the dollar after the ECB held interest rates steady as expected and gave no signal on future tightening.
The euro falls to a 17-month low against the dollar after the European Central Bank held interest rates, as expected, and refrained from sending signals about the prospect of future tightening. The ECB said financing conditions have tightened since the last meeting, which is likely to weigh on infl…