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Live News FX ARTICLE M impact

Euro Slides to 17-Month Low on French Fiscal Concerns

Concerns over France's fiscal position drove the euro to a 17-month low against the dollar on Monday, also weighing on French assets. However, easing expectations of a Federal Reserve rate hike provided some support to broader market sentiment.

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Concerns over France's fiscal position pushed the euro to a 17-month low on Monday and weighed on French assets, although easing bets on a Federal Reserve rate hike helped cushion broader market sentiment as investors looked to Wall Street for direction. Brazilian stocks we…