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.
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Nasdaq hits record high as dollar and Treasury yields climb
US equities were boosted by megacap and growth stocks as Treasury yields held near multi-year highs, the dollar advanced against the euro, and oil prices eased. The Nasdaq Composite gained about 1%.