Euro is getting cheaper again.

Euro is getting cheaper again. Around $1.11 against the dollar on Wednesday, the weakest since May last year, and down more than 5% since end of August. Against the pound too, about £0.842.

And this is even after ECB raised rates two times this year. Inflation in the eurozone is 3.8% now, highest in three years.

What does it mean for Europe? If you sell to US or UK customers, not bad weeks for you. If you pay for software, tools or ads in dollars, your bills just went up a little and nobody asked you.

Next ECB meeting is 29 October. Hold or one more hike?