Euro Remains at Risk of Falling Against Dollar, Commerzbank Says
Commerzbank’s Antje Praefcke cites French debt concerns and expectations for further Federal Reserve rate rises as risks to the euro.
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Forex and bond roundup flags euro, France debt concerns
Market Talk comments pointed to euro resilience versus French fiscal worries, rising French sovereign credit risk and steadying Treasury yields. The roundup also cited Germany’s improved growth outlook and an upcoming Canadian jobs report.
Gold rises more than 1% as dollar softens
Gold futures climbed 1.4% in early European trading as the dollar eased and oil prices fell. Traders are also reassessing the inflation and interest-rate outlook.