# Euro hits 17-month low as hotter-than-expected U.S. CPI accelerates dollar buying

> Hotter-than-expected U.S. CPI pushes euro to 17-month low, sparking dollar buying.
- Title: Euro hits 17-month low as hotter-than-expected U.S. CPI…
- Summary: Hotter-than-expected U.S. CPI pushes euro to 17-month low, sparking dollar buying. The euro fell to its lowest level in 17 months as hotter-than-expected…
- Keywords: euro, us cpi, dollar, fed, us labor department, crude oil futures, eur/usd, eur/jpy, finance, markets, hits, 17-month
- Source: BigGo Finance — https://finance.biggo.com/news/99449812-2bda-4d39-a57e-6be056235404
- Author: BigGo Finance
- Published: 2026-10-14T21:25:20+00:00
- Read time: 1 min
- Topics: euro, us cpi, dollar, fed, us labor department, crude oil futures, eur/usd, eur/jpy, finance, markets
## Euro falls to 17-month low
The euro briefly touched $1.1113, its weakest level since May 2025, in New York trading on the 14th.
## U.S. CPI data hotter than expected
U.S. September CPI rose 3.7% year-over-year, exceeding market expectations for a 3.6% annual increase.
## Fed rate hike speculation intensifies
The Federal Reserve is expected to raise interest rates sooner than previously anticipated due to hotter inflation data.
## Dollar-yen pair fluctuates
Dollar-yen climbed to 158.95 yen before retreating to 158.05 yen as U.S. long-term yields declined.
## EUR/JPY declines
EUR/JPY fell to 176.63 yen, down 0.67 yen from the previous session, as risk-averse yen buying emerged.
## Crude oil prices rise
Crude oil futures extended gains due to Middle East supply concerns, including Iranian attacks on vessels in the Strait of Hormuz.
## Key takeaway

The euro fell to its lowest level in 17 months as hotter-than-expected U.S. September CPI data accelerated dollar buying.