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Euro sinks to one-year low as falling oil prices ease pressure on ECB
Traders back away from bets on further interest rate rises as economy slows
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cryptobriefing.com
Euro falls to lowest level since August after Lagarde's dovish comments
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.
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Euro falls to one-year low as oil prices decline, easing ECB pressure
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.
