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
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