Euro Falls to 1.1092 Against Dollar, Lowest Since May

The move is notable less for the euro's slide than for its breadth: a broad dollar bid that also took the Swiss franc down more than 0.9% points to a currency-wide repricing rather than a euro-specific story, which matters for anyone holding dollar-denominated exposure or pricing cross-border RWA deals in these pairs. The May 12 low near 1.1065 is now the level in focus, and whether that floor holds or gives way is the open question. Watch whether the franc's weakness persists alongside the euro's — a joint move would suggest the driver is dollar strength, not European fundamentals.