06-October-2026
Economy News
 
Morning Bid: the Euro Has a France Problem
05-Oct-2026

A look at the day ahead in European and global markets from Rae Wee The dollar charged higher on Monday, drawing support from still-lofty Treasury yields even after a weaker-than-expected jobs report dampened expectations of a Federal Reserve rate hike this month. The move higher in the greenback came at the expense of the euro, which plumbed a 17-month low and traded 0.7% lower, with the common currency weighed down by fiscal concerns in France.

News Source:- https://money.usnews.com/investing/news/articles/2026-10-05/morning-bid-the-euro-has-a-france-problem