EUR/USD just hit a 17-month low at $1.116 — down 4.5% since August.
French debt issues, weak EU growth, and dollar strength are crushing the euro right now. If you're holding euros or planning a trip, this exchange rate shift matters. Stack dollars while they're strong or wait for a euro bounce if you need to convert soon.
For traders: watch $1.11 as support. Break below and we're looking at $1.10 next. Tight stops if you're playing the bounce — this trend is heavy.
French debt issues, weak EU growth, and dollar strength are crushing the euro right now. If you're holding euros or planning a trip, this exchange rate shift matters. Stack dollars while they're strong or wait for a euro bounce if you need to convert soon.
For traders: watch $1.11 as support. Break below and we're looking at $1.10 next. Tight stops if you're playing the bounce — this trend is heavy.
