The euro consolidated gains above the $1.15 mark, attempting to recover from a three-month low as investors weighed diverging policy outlooks between the European Central Bank and the US Federal Reserve. The ECB is expected to keep rates unchanged for some time, with money markets now pricing only a 45% chance of a rate cut by September 2026, down sharply from over 80% in October. Meanwhile, several ECB officials struck a cautious tone: Fran