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News 2026-10-27 08:33 UTC

Euro Hovers Near Multi-Month Low Ahead of ECB Decision

The euro weakened to $1.115, hovering near its lowest level since April 2025, as renewed Middle East tensions boosted demand for the US dollar. Sentiment was also pressured by France’s deteriorating fiscal outlook and rising bond-market concerns, while investors awaited the ECB’s policy decision and key eurozone inflat