Euro Slides to 17‑Month Low Amid French Fiscal Concerns

The euro traded at a 17‑month low against the dollar on Thursday, pressured by persistent worries about France’s public finances. The currency slipped to 1.0720, its weakest since last year, as investors assessed the impact of the country’s budget deficit and debt trajectory. Analysts noted that the French government’s fiscal consolidation plans remain uncertain, adding to risk aversion. The move comes amid broader European market turbulence, with bond yields rising and equity markets showing increased volatility.

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