EconomyPolitics
Euro falls to 17-month low against dollar amid French debt fears
Publication: Economics | The Guardian
Author: Richard Partington Senior economics correspondent
Source published: 05/10/2026, 11:18:20 UTC
Briefing created: 08/10/2026, 05:59:33 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 05/10/2026, 14:35:26 UTC.
Briefings
The euro fell to its lowest level against the dollar in 17 months, dropping 0.8% in early trading to below $1.12. This decline was driven by fears that France's debt position could threaten the stability of the eurozone, coinciding with a snap election in Spain. The euro has slumped by approximately 1.2% this month, accelerating a drop of about eight cents from a peak of $1.20 in January. The single currency fell as much as 0.8% against the dollar in early trading on Monday to below $1.12, its lowest level since May 2025.
Key points
- The euro fell to its lowest level against the dollar in 17 months, dropping 0.8% in early trading to below $1.12.
- The single currency fell as much as 0.8% against the dollar in early trading on Monday to below $1.12, its lowest level since May 2025.
Context and limitations
Data reflects early trading activity on Monday, October 5, 2026, and is subject to market volatility. The 17-month low is based on May 2025 as the reference point for comparison.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 08/10/2026, 05:59:33 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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