Euro Hits 17-Month Low on France Debt Fears — SkimNews
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- The euro fell to a 17-month low against the dollar amid fears over French debt, according to The Guardian and other outlets covering the move.
- U.S. stocks drew support from hopes the Federal Reserve would pause rate hikes, Reuters reported, diverging from the euro's slide on France-driven jitters.
Why it matters: France's debt fears pushed the euro to a 17-month low versus the dollar, per multiple outlets, while Fed pause expectations simultaneously propped up U.S. equities — splitting market sentiment sharply between the two regions on the same session.
Ask SkimNews
