Euro Set for Steepest Weekly Fall vs. Dollar in Months on Fiscal Woes
The euro is poised for its fourth consecutive weekly decline against the US dollar, marking the steepest drop in approximately four months. This downturn is attributed to concerns over France's fiscal trajectory and a hawkish stance adopted by the Federal Reserve in mid-September.
The euro was on track for a fourth straight weekly decline against the US dollar, marking its steepest drop in around four months, as worries over France’s fiscal path and the Federal Reserve’s hawkish turn in mid-September pressured sentiment. 77% on Thursday…