New York, Oct 5, 2026 (AFP) - Euro slides as concerns about French debt mount

NAMPA / AFP

2026-10-05

The euro slid Monday to its lowest level against the dollar in 17 months on worries about France's high debt and deficits, which have sent its government bond yields soaring. But equities traded broadly higher despite the pressure of elevated bond yields, with the Nasdaq hitting a fresh record in New York. The euro's slide follows an underwhelming 2027 budget plan unveiled last week. This fanned concerns that French government spending will remai......

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Law & Politics

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