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Euro slump on French debt fears
The euro is heading for a fifth straight weekly fall on French debt worries, though selling slowed on Friday as France's bond market stabilised and US yields eased. European bank shares sold off on political turmoil and Le Pen promised deeper spending cuts.
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ReutersFri 9 Oct · 02:00 UTC
Euro skids toward fifth weekly fall but selling pressure slows The euro was headed for a fifth straight weekly drop on…
Developments
Friday 9 October
1 development02:00 UTC· the latest
Euro heads for fifth weekly fall as selling slows
The euro was on course for a fifth straight weekly drop, but selling momentum faded as France's debt market stabilised and lower US yields took steam out of the dollar rally.
1 sourceReuters
ReutersBlueskyFri 9 Oct, 02:00
Euro skids toward fifth weekly fall but selling pressure slows The euro was headed for a fifth straight weekly drop on Friday, though there were signs the selling streak was losing momentum as France's tumbling debt market stabilised and a decline in US yields took some steam
The original post
Wednesday 7 October
3 developments15:40 UTC
European bank shares tumble as political turmoil lifts yields
A selloff in European banks resumed, with Societe Generale and Deutsche Bank falling more than 5% as fears over political turmoil pushed bond yields higher.
1 sourceBloomberg
BloombergXWed 7 Oct, 15:40
A selloff in shares of European banks resumed on Wednesday, with the likes of Societe Generale and Deutsche Bank tumbling more than 5%, as mounting fears over political turmoil sent bond yields higher
The original post
08:40 UTC
Euro falls to lowest against pound since June last year
The euro dropped on concerns over France's deepening fiscal crisis and fresh political risks in the region.
1 sourceBloomberg
BloombergXWed 7 Oct, 08:40
The euro dropped to its lowest against the pound since June last year, weighed down by concerns over France’s deepening fiscal crisis and fresh political risks in the region
The original post
07:50 UTC
Bank of France chief says no ECB help needed now
The Bank of France governor said France does not need the European Central Bank's help at present amid the surge in French borrowing costs.
ParisFR
1 sourceReuters
ReutersXWed 7 Oct, 07:50
France does not need ECB's help at present, says Bank of France head
The original post
Tuesday 6 October
1 development16:20 UTC
Le Pen promises deeper spending cuts to court bond markets
Marine Le Pen pledged bigger spending cuts if the far right wins the presidency, aiming to reassure bond markets as French borrowing costs surge.
ParisFR
4 sourcesReuters, Bloomberg
ReutersXTue 6 Oct, 16:10
A sliding euro is the latest alarm bell for policymakers facing a surge in French borrowing costs that has started to spill over into the broader euro area. Alun John explains
The original postReutersXTue 6 Oct, 16:20
Le Pen eyes bond markets with promise of bigger spending cuts if far right wins presidency
The original postBloombergXTue 6 Oct, 16:25
After decades of budget deficits and steadily rising debt, markets are putting a new price on French risk
The original postBloombergXTue 6 Oct, 18:40
La crisis francesa ya va más allá de los bonos: las acciones quedan rezagadas, sube el costo de asegurar deuda bancaria y el euro acusa el temor a que los problemas se propaguen.
The original post
Monday 5 October
2 developments12:10 UTC
Euro hits 17-month low as French yield spread blows out
French-German bond spreads reached their widest since 2011, and the cost of insuring French banks' bonds rose above European peers, on worries about France's fiscal and political outlook.
5 sourcesReuters, Bloomberg
ReutersXMon 5 Oct, 12:10
The euro sank to a 17-month low after government borrowing costs jumped, especially in France. Laura Cooper of Nuveen told Reuters that markets are reflecting worries that none of the candidates in France's upcoming election are willing to rein in spending
The original postBloombergXMon 5 Oct, 13:00
The spread between French and German bond yields has blown out to levels not seen since the eurozone crisis in 2011. Investors have grown used to central banks averting any market discomfort, but in this case that’s harder than it looks.
The original postBloombergXMon 5 Oct, 13:05
The euro hit new lows against the dollar today, amid concerns about the risk of contagion in European bond markets. A sharp selloff last week, prompted by investor concern about France, has triggered memories of the euro-zone crisis
The original postReutersXMon 5 Oct, 13:16
Market Talk: 'Lack of political will to rein in spending' sends cost of France's debt soaring
The original postBloombergXMon 5 Oct, 15:05
The cost of insuring French banks’ bonds against default has jumped above that of other European lenders as concerns about France’s fiscal and political situation spill over into credit markets
The original post
08:10 UTC
Euro hits 17-month low on French debt worries
The euro fell as much as 0.8% to below $1.12, its weakest since May 2025, as French debt concerns and Spain's snap election fuelled eurozone unease.
5 sourcesReuters, Bloomberg, The Guardian · World
ReutersXMon 5 Oct, 08:10
Euro at 17-month low, dollar near pre-Liberation Day highs
The original postReutersXMon 5 Oct, 08:45
Morning Bid: The euro has a France problem
The original postBloombergXMon 5 Oct, 09:10
The big news in markets today was the euro, which fell to its weakest since May 2025 in Asian trade: Evening Briefing Asia
The original postReutersXMon 5 Oct, 11:15
🇫🇷 France's borrowing costs are flashing warning signs not seen since the euro debt crisis. The Reuters Morning Bid podcast examines why investors are getting nervous about Europe again
The original postThe Guardian · WorldRSSMon 5 Oct, 11:18
Euro falls to 17-month low against dollar amid French debt fears France’s CAC 40 index slides as announcement of snap election in Spain also helps fuel eurozone uncertaintyBusiness live – latest updatesThe euro has slumped to the lowest level against the dollar in 17 months amid
The original post