Finance Bureau(@FinanceBureau_):🇪🇺EURO: France is dragging the euro down. The euro fell more than 1% in October to around $1.12, close to its weakest in over a year. France’s economy unexpectedly shrank in Q3, even as its inflation rose to 3.4%. Political unrest has pushed French bond yields to their highest in over two decades. The ECB offered little support. It held rates on Thursday, and Lagarde said a hike was discussed before policymakers unanimously voted to hold.

Finance Bureau

@FinanceBureau_

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Finance Bureau@FinanceBureau_

2026.10.30 10:06

🇪🇺EURO: France is dragging the euro down. The euro fell more than 1% in October to around $1.12, close to its weakest in over a year. France’s economy unexpectedly shrank in Q3, even as its inflation rose to 3.4%. Political unrest has pushed French bond yields to their highest in over two decades. The ECB offered little support. It held rates on Thursday, and Lagarde said a hike was discussed before policymakers unanimously voted to hold.