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EUR/USD touched 1.1162 on 5 October, its weakest level in 17 months, as France's budget standoff pushed the 10-year OAT above 5% and the OAT-Bund spread to roughly 160bp — the widest since the 2011-12 eurozone debt crisis. The euro now trades near 1.1215 ahead of US jobless claims and a $22 billion 30-year Treasury…
The dollar is the cleanest shirt in a dirty laundry basket. A hawkish Fed, a $100bn Anthropic IPO and French debt fears are keeping
After hitting a 17-month low near $1.1161, the euro edged back to around $1.1211 as US yields fell and traders read France’s latest budget signals.