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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…

  • Euro hits record lows vs USD and GBP, weakest since May 2025
  • ECB rate hikes fail to support euro, despite higher US inflation expectations
  • France's fiscal crisis and public debt of 119% GDP weigh on euro

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