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The Economic Times

Asia / The Economic Times

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Global Market: Euro under pressure as France debt worries, Spain vote weigh

The euro hovered near a 17-month low at $1.1219 amid euro zone political uncertainty, high debt and French fiscal concerns. Meanwhile, the dollar strengthened as US Treasury yields climbed, with persistent inflation limiting expectations for monetary easing. Markets also monitored potential Bank of Japan tightening as the yen remained weak against the dollar.

6 Oct 2026 12:28 pm