Euro falls to 17-month low as French debt fears and Spain election add to eurozone uncertainty
The euro fell to its lowest level against the dollar in 17 months on Monday, as investors grew more concerned about France's debt position and wider political uncertainty in the eurozone. The single currency dropped as much as 0.8% in early trading to below $1.12, its weakest point since May 2025, before recovering slightly. French shares also came under pressure, with the Cac 40 index falling 1% even as some other major European markets were steadier or higher.Market moves were driven by worries that France's rising borrowing costs could make it harder for the government to manage its stretched public... [Continue Reading]
360LiveNews | 05 Oct 2026 13:02 LONDON
Sponsored
Europe Opens Lower as FTSE, CAC and Euro Stoxx Slide on Firmer Dollar, Softer Oil and Mixed Metals
Executive summary: European equities opened under pressure, with the FTSE 100, CAC 40 and Euro Stoxx 50 all lower, while the DAX also slipped. The euro weakened against the dollar, Brent crude eased, and gold was little changed, creating a cautious cross-asset tone. Silver and platinum outperformed the broader commodity complex, while palladium fell. The move points to a market that is still sensitive to FX, rates and commodity signals at the start of the European session. [Continue Reading]
360LiveNews Markets Intelligence | 05 Oct 2026 08:15 LONDON
