EUR/USD Hits 17-Month Low Near 1.11. Why the Euro Keeps Losing to the Dollar

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The EUR/USD pair has dropped to a 17-month low, approaching 1.11. This decline extends the euro’s downward trend against the US dollar. The euro’s weakness can be attributed to several structural and macroeconomic factors. Traders are now watching the next key technical levels to monitor for the continuation of this trend.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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