EUR/USD hit 1.14048, its lowest since August 2025, after ECB President Lagarde skipped neutral rate talks and weak PMI data hit eurozone sentiment.

EUR/USD hit 1.14048, its lowest since August 2025, after ECB President Lagarde skipped neutral rate talks and weak PMI data hit eurozone sentiment.

The euro hit intraday lows near $1.1515 as Brent crude's drop from $120 to $82 eases ECB inflation pressure, reshaping rate hike expectations for 2026.