ForexMedium•5 October 2026•
1 min read
Euro Hits 17-Month Low Against US Dollar Amid Fiscal Concerns
Key Facts
1The EUR/USD pair fell to 1.1162, marking its lowest level in 17 months.
2The Euro has tumbled by over 4.67% from its peak reached in September.
The EUR/USD pair fell to 1.1162, marking its lowest level in 17 months. Invezz reported that the Euro has tumbled by over 4.67% from the peak it reached during September.
The sell-off occurred as market focus shifted toward upcoming Federal Reserve minutes, while accelerating concerns over European fiscal health drove downward pressure on the currency pair. This technical breakdown follows a period of sustained fiscal stability concerns across the Eurozone.