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via fxstreet.comEconomy

Euro Plummets as French Bond Sell-Off Intensifies After Day of Relief

FROM THE WIRE · FXSTREET.COM

The Euro (EUR) comes under pressure against its peers again on Wednesday after a relief recovery the previous day. In the European trade, the major currency is down 0.63% at around 1.1188 against the US Dollar.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishEuro falls 0.63% to 1.1188 against dollar Wednesday after previous relief, pressure from French bonds.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Euro falls 0.63% to around 1.1188 against US dollar in European trade Wednesday.
  2. 02Pressure on euro returns after previous day's relief recovery.
  3. 03French bond sell-off intensifies pressure on eurozone currency.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
EUR/USDEURUSDFX pair1.1180+0.01%today -0.73%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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