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Euro slides to fresh lows against US dollar and British pound despite ECB rate hikes

Euro slides to fresh lows against US dollar and British pound despite ECB rate hikes
Photo: Euronews · view original

The euro slid this week to its weakest level against the US dollar since mid-May 2025 and the British pound since early June 2025, as an energy shock, France’s debt crisis and a resurgent US dollar outweigh two interest rate hikes by the European Central Bank.

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