0925 GMT - The euro could extend falls against the dollar slightly as concerns over U.S. credit conditions ease, ING analyst Francesco Pesole says in a note. Solid earnings from Zions Bancorp reduced fears over bad loans at regional banks, sending the dollar higher. The euro could fall to $1.16, but levels above that will be harder to justify unless Friday's U.S. inflation data comes in higher than expected, Pesole says. The euro falls 0.2% to a 6-day low of $1.1611, LSEG data show. (renae.dyer@wsj.com)
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The euro could fall to $1.16, but levels below that will be harder to justify unless Friday's U.S. inflation data comes in higher than expected, Pesole says. "Euro Could Fall Further Against Dollar as U.S Credit Fears Ease -- Market Talk, at 0925 GMT, incorrectly said levels above $1.16 could be harder to justify.
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October 21, 2025 06:14 ET (10:14 GMT)
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