EUR/USD falls to 7-month low

Investing.com – The euro fell to the bottom degree since April towards the U.S. greenback () on Monday.

Merchants seemed forward to this week’s European Central Financial institution assembly for additional alerts of potential divergence in financial insurance policies within the U.S. and the euro zone.

Market gamers anticipate the ECB will reduce the additional into destructive territory and improve the dimensions of its month-to-month quantitative easing program.

The only foreign money has weakened three.eight% in November, its largest loss since a four.2% decline in March.

In distinction, the Federal Reserve is extensively anticipated to hike rates of interest at its mid-December coverage assembly.

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EUR/USD falls to 7-month low