Euro heads for weekly loss on French debt risk; yen set for biggest gain since September

The euro is on track for a weekly decline as French sovereign debt risk premiums widen, reflecting investor concerns over fiscal stability. Meanwhile, the yen is poised for its largest weekly gain since early September, likely driven by safe-haven flows and expectations of monetary policy divergence. The market is pricing in heightened risk around French fiscal policy, which could pressure eurozone assets.

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