EUR/USD Falls Towards 1.12 as Energy Prices Fuel Inflation Concerns

The Euro to Dollar (EUR/USD) exchange rate fell in four of the five sessions last week, finishing just above July's low at $1.1362.

Lloyds Bank attributes this decline to the latest rise in energy and wider commodity prices, which has revived inflation concerns.

According to Lloyds, the policy consequences are likely to be more challenging for the United States than the Eurozone.

The Federal Reserve faces a 'more challenging mix' than slow Europe, with the USD expected to benefit from this situation, says Nicholas.