Euro Bounces as French Bond Yield Decline Cools Debt Jitters
The euro rebounded on Tuesday, poised for its strongest move higher in seven weeks after hitting a 17-month low. This recovery was driven by a pullback in French government bond yields, which eased fears of strain in euro zone debt markets.
The euro recovered on Tuesday and was set for its biggest gain in seven weeks after sliding to a 17-month low the previous day, as lower French government bond yields helped calm concerns about pressure in euro zone debt markets. The euro zone currency FX:EURUSD jumped…