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Business & Economy · Euronews · Business

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

2026-10-15T12:25:34.000Z

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From Euronews · Business

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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News desk
Business & Economy
Published
2026-10-15T12:25:34.000Z
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Places: United States, United Kingdom, France

Sources and further reading

  1. Euronews · Business — Euro slides to fresh lows against US dollar and British pound despite ECB rate hikes