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The euro remained under pressure around $1.122, as rising French borrowing costs and worsening tensions between the US and Europe over Russia’s war in Ukraine weighed on sentiment. France’s 10-year OAT yield climbed above 5%, its highest level since 2002, reflecting mounting concerns over France’s public finances and s
The euro weakened toward $1.12, remaining near multi-month lows as escalating unrest in France heightened concerns over the country’s fiscal outlook, while tensions between Ukraine and the US added to geopolitical uncertainty. Protests across French cities erupted into clashes with police, potentially complicating effo