The euro has fallen to a near two-year low against the US dollar due to the Federal Reserve's hawkish rate cut, which has caused global market jitters. The Fed's shift in policy has led to a stronger US dollar and rising bond yields, while the European Central Bank is expected to adopt a more dovish stance. Economic challenges in the eurozone, including political instability and a slowdown in China, contribute to a negative outlook. Risk-off sentiment prevails in global markets, impacting various currencies and stock indices. Teljes cikk (Euronews.com)