EUR/USD dips below 1.1200 amid French fiscal concerns and rising oil prices.

Key points

• French government bond spreads have widened, indicating increased investor concern over the country's fiscal stability.
• Brent crude prices have risen above $105, contributing to inflationary pressures that weigh on the euro.
• The Federal Reserve's September meeting minutes suggest a potential rate hike by year-end, but the market had already priced in this expectation.
• The European Central Bank's recent meeting minutes indicate a cautious approach, with future decisions remaining data-dependent.