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By Chuck Mikolajczak NEW YORK, Oct 9 (Reuters) - The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling pressure was muted as France's beleaguered bond market steadied. The euro zone's currency hit a 17-month low of $1.1161 on…
By Chuck MikolajczakThe euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling pressure was muted as France's beleaguered bond market steadied.The euro zone's currency FX:EURUSD hit a 17-month low of $1.1161 on M…
The euro faces a fifth straight weekly drop as rising oil prices and French debt concerns contrast with US dollar strength. Analysis of market trends.