Dollar Falls as Euro Recovers; Le Pen Vows to Cut Deficit
The dollar eased as the euro recovered following French presidential candidate Marine Le Pen's commitment to reduce the public deficit. Le Pen detailed plans for spending cuts and tax increases amounting to 140 billion euros.
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By Michel Rose and Leigh ThomasMarine Le Pen sharply increased her plans to slash spending if she wins next year's French presidential election, an announcement designed to establish the far right's fiscal credentials as tensions rise in the bond market.French borrowing costs have surged in recent…
The dollar eased as the euro recovered after French far-right presidential candidate Marine Le Pen said she would reduce the public deficit. Le Pen, who leads opinion polls for next year's elections, outlined a detailed 140 billion euro package of spending cuts and tax increases. French yiel…