The euro is on track to have its worst month in over a year, with a decline of around 3% in November, trading at $1.0575. This decline is due to concerns about the potential impact of US trade tariffs on the struggling European economy.

The common currency is approaching a two-year low, reflecting increased investor anxiety about the region's growth prospects. This is the largest monthly drop since May 2023, indicating significant challenges ahead for the eurozone as it deals with external economic pressures.

Investors are worried about the euro's performance and its potential impact on the European economy. The decline in value is a result of concerns over US trade tariffs and the overall growth prospects of the region. This decline is the largest in over a year, highlighting the challenges that lie ahead for the eurozone.