The euro fell to below $1.17, close to levels not seen in a month after the Fed signaled interest rates may need to rise faster than initially expected. Earlier in the month, the ECB decided to move to “a moderately lower pace” in its €1.85 trillion PEPP from the €80 billion a month level it has run at since March, amid a stronger near-term outlook for prices and growth.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.