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Euro hits 17-month low on energy costs, French debt worries
Financial Times·FR · DE · US·1 day ago
The euro rose 0.16% to $1.1241, partially recovering from Monday's drop to $1.1161, its lowest since May 2025, as French 10-year borrowing costs eased. ING analyst Francesco Pesole expressed skepticism about the rebound's sustainability, suggesting the relief may be temporary. The move reflects ongoing market sensitivity to French fiscal and political risk.
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