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𝕏xSE first seen 19 h ago, last 19 h ago, peak #32

Euro Slides to 17-Month Low Against Dollar

Original: Euro Hits 17-Month Low Against Dollar Amid French Fiscal Strains

The euro has fallen to a 17-month low against the US dollar, with investors linking the decline to growing concerns over France's public finances. Political uncertainty and budget strains in Paris are weighing on the currency, as markets bet the European Central Bank may cut interest rates faster than the Federal Reserve.

Why now: Fresh worries about French fiscal policy are driving selloffs in the euro and drawing wide attention.

EuroUS dollarFranceEuropean Central Bank

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