Market Signal:BEARISH (high Impact)
Euro plunges to 17-month low as hot US inflation fuels Fed rate hike bets
October 14, 2026
•13:06 UTC
•Target Assets:#USD_PKR
Executive AI Takeaway
Euro plunges to 17-month low as hot US inflation fuels Fed rate hike bets — Market signal: BEARISH (high Impact)
EUR/USD extends its decline on Wednesday, losing 0.55% on the day to trade around 1.1135 at the time of writing, its lowest level since May 2025.
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