● Neutral for Indian equities
The euro has a France problem
- Euro hits 17-month low as political uncertainty in Spain and France rattles markets
- Euro Falls to 17-Month Low on Region’s Fiscal, Political Risks
- Dollar holds firm as French fiscal woes keep euro on back foot
- Euro-area flash inflation: Climbing higher
- Euro area annual inflation up to 3.8%
French fiscal concerns weigh on euro
France’s central bank chief said the country cannot rely on the ECB to resolve its debt problems. Reports on 5 October said French fiscal woes were keeping the euro under pressure.
Monday, 5 October
- The euro has a France problem