BloombergLean L·
Euro Falls to 17-Month Low on Political Uncertainty
The euro fell to its weakest level since May 2025 in Asian trading as reports that Spanish government officials are preparing for an early election added to concerns rocking France’s bond market. The currency is also under pressure from a strengthening dollar, which is being supported by expectations that the Federal Reserve will need to raise interest rates three more times by July to tame inflation. Bloomberg MLIV's Mark Cranfield reports. (Source: Bloomberg)
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