Euro Falls Near 17-Month Low Amid Eurozone Debt and Political Concerns
The euro hovered near a 17-month low at $1.1219 due to political uncertainty in the eurozone, high debt levels, and fiscal concerns in France. The US dollar strengthened as Treasury yields rose, with inflation limiting expectations for monetary easing. Markets also watched potential Bank of Japan tightening while the yen stayed weak against the dollar.
ET Markets·



