TREE NEWS reports: The euro fell 0.14% to 1.1324 against the dollar in late New York trading on Sept 30, ending September down 2.54% and the third quarter down 0.87%. The dollar rose 3.45% against the Swiss franc in September, while sterling slipped 2.16% on the month. The Turkish lira lost 5.06% over the quarter, extending its slide since late 2021.
Euro Falls 2.54% in September; Franc Drops 3.45% Against Dollar
AI take
September's dollar strength was broad rather than euro-specific: the franc and sterling fell by comparable margins, which points to a dollar-driven move rather than European weakness alone. The lira's quarterly decline is the more telling detail, since it extends a slide running since late 2021 and looks structural rather than cyclical. The open question is whether this dollar bid persists into the next quarter or reverses, and whether the lira's trajectory draws further policy attention.
Generated by AI for reference only.
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