Bearish
EUR/USD remains near 17-month low amid French debt concerns and strong USD.
EUR/USD continues to trade near its lowest levels since May 2025, influenced by escalating French debt concerns and the U.S. dollar's strength. The euro's decline is further exacerbated by widening European debt spreads and persistent U.S. Treasury yields.
Key points
- French debt worries push EUR/USD to 17-month low.
- U.S. Treasury yields near 5.26% bolster USD strength.
- EUR/USD trading range: 1.1188–1.1243.
Sources
AI-generated from public news sources. Not financial advice.
