The value of the euro decreased on Monday to a 17-month low due to increasing government debt across Europe. As of mid-afternoon on the East Coast, one euro was valued at approximately $1.12, having fallen below that level earlier in the day. This marks the lowest value for the European currency since May 2025.
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Euro reaches 17-month low against the dollar
On October 5, 2026, the euro fell to a 17-month low, trading at about $1.12. This decline is attributed to rising government debt in Europe.
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Euro slides to 17-month low, boosting dollar’s standing
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Euro reaches 17-month low against the dollar