"a lot of the trading expectations have recently spilled over from the bond markets, to currency markets, with the euro falling sharply against the dollar. On Wednesday, the currency even fell to $1.13, and is still holding at that level, marking a low that was last seen 16 months ago. Against the pound, the euro is near levels not seen since the start of the pandemic and many traders are pricing in further near-term weakness."

https://seekingalpha.com/news/3772740-euro-falls-to-16-month-low-against-the-dollar-amid-policy-divergence?lctg=60e5cf1299723610cc3fa4a2&mailingid=25761706&messageid=wall_street_breakfast&serial=25761706.523658&userid=54611471&utm_medium=email&utm_source=seeking_alpha