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

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...

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