Euro set for weekly drop, yen eyes biggest gain since early September
France’s rising sovereign risk premium and weak business data weighed on the euro, while the yen gained as investors sought safety amid a tech-led sell-off.
5 Articles
5 Articles
The euro is going to record a weekly loss at a time when France's sovereign debt premiums have continued to rise, but the yen is going in return to record the largest increase since the beginning of September.
Euro set for weekly drop, yen eyes biggest gain since early September
Oct 23 : The euro headed for a moderate weekly loss as France's sovereign risk premium resumed its climb, while the yen was on track for its biggest rise since early September after attracting safe-haven demand amid a sell-off in AI-related stocks.A recent tech-led market sell-off showed the dollar no longer
EURUSD Failed to Break Through the French Barrier - ActionForex
Capital outflows from France are weighing on the euro. Safe-haven demand strengthens the yen and franc. The US dollar is attempting to resume its upward trend against the backdrop of a sharp fall in Treasury bond yields. The DXY is being supported by the relentless rise in oil prices and the weakness of the euro, […]
US Dollar Price Forecast: AI Rout Hits Rate Edge, DXY Holds 101.50 as EUR/USD, GBP/USD Coil
Euro: France’s Premium Hits a 15-Year High Softer US rate bets should have helped the euro, yet it has stayed flat around 1.12 because France is now the bigger worry. The premium investors demand to hold French 10-year bonds over German Bunds, meaning the extra interest France pays compared with Germany, the euro zone’s benchmark borrower, widened to a 15-year high on Thursday. That is the widest since November 2011, during the euro zone debt cr…
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