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The dollar slumps to a one-month low against the euro after ECB chief says the central bank will likely start raising rates in the coming months

1 month ago   |   By Business Insider

ECB President Christine Lagarde. Photo by Philipp von Ditfurth/picture alliance via Getty Images
The US dollar fell Monday against the euro after ECB President Christine Lagarde wrote about a potential rate hike this year.
The ECB may exit its policy of negative interest rates by the end of Q3.
With inflation burning hot, Lagarde says the time is appropriate to start normalizing monetary policy.
The US dollar slumped against the euro Monday on the prospect of a rate hike in the eurozone, with European Central Bank President Christine Lagarde discussing the potential move as the region...
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