The Euro drops to 1.1355 against the Dollar as traders price in higher US interest rates ahead of key inflation data.
The EUR/USD pair declined to 1.1355 in early Asian trading on Thursday, marking its weakest level since June 2025. The move reflects growing market expectations of further US Federal Reserve interest rate hikes.
Prior to this drop, the pair had traded near 1.1400 earlier in the week. Analysts attribute the shift to rising bets on tighter US monetary policy ahead of Friday’s Personal Consumption Expenditures (PCE) inflation report, a key Fed indicator.
No immediate market reaction data was provided, but the trend underscores heightened sensitivity to US economic signals.