Dollar Surges to 17-Month High Against Euro Amid Rising Yields
The US dollar has reached its highest level against the euro in 17 months, driven by a sell-off in government bonds and rising yields.
In October, the euro fell below $1.123 for the first time since May 2025, down 0.79% to $1.1238 as of latest trading.
This marks the euro's largest monthly decline since July 2025, having lost almost 2.5% in September.