Euro Hits 17-Month Low Against Dollar as French Fiscal Worries Weigh
Danske Bank's Jesper Fjarstedt says the euro could weaken further as French fiscal concerns reduce prospects for near-term ECB rate hikes.
The euro has room to weaken further on French fiscal worries as it hits a 17-month low against the dollar, Danske Bank's Jesper Fjarstedt says in a note. "Markets are starting to doubt the near-term case for European Central Bank rate hikes, which marks a stark shift from September when tomorrow's…