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Find all the economic and financial information on our Orishas Direct application to download on Play StoreBetween the European Central Bank (ECB) which will adopt a much more cautious tone next week and the position of the Federal Reserve (Fed) expected on Wednesday, the euro fell on Friday to its lowest since June 2020.
Around 10:00 GMT (11:00 CET), the euro lost 0.11% to 1.1133 dollars, after falling to 1.1121 dollars, a level not seen for more than a year and a half. The Fed seems ready to act against inflation by tightening its monetary policy several times over the course of 2022. Against the British pound, the euro also lost 0.09% to 83.21 pence per euro, and was approaching its lowest since February 2020 hit in mid-January at 83.05 pence.
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