Euro drops vs strengthening dollar, French politics weigh

Politics and Government Politics and Government

Mon, December 2, 2024

[ Mon, Dec 02nd 2024 ] - Brian Stokes

What's Next in U.S. Elections: Races to Watch in 2025

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Government must invest in social care in this Budget

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Migrant arrests at US borders with Mexico and Canada fell in November, senior official says

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Exclusive: Bangladesh halves power buying from India's Adani amid payment dispute

[ Mon, Dec 02nd 2024 ] - Brian Stokes

European Stocks Shake Off French Politics, Stellantis to Rise

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Column: Tulsi Gabbard as intelligence czar? The Trump Cabinet pick most likely to fail

[ Mon, Dec 02nd 2024 ] - Brian Stokes

French government on brink of collapse over budget stand-off

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Trump's Mass Deportations Will Destroy Tren De Aragua: Ex-ICE Director

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Sinn Fein's all-island strategy 'looks distinctly .. after general election failure - Ulster academic

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Shinde's son Shrikant denies rumours of seeking M .. puty CM's post, says he won't join new government

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Jubilation As Tinubu-led Govt Launches Free Bus Ride for Residents in Abuja

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Gathoni Wamuchomba named best MP nationally at Jamhuri Awards: "A win for me"

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Bungoma bishop receives KSh 5m donation from Ruto, vows to keep it: "Siwezi rudisha"

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Amid worry about Trump, calls for career Justice Dept. staff to stay

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Hunter Biden Pardon Starting From 2014 Raises Burisma Questions

[ Mon, Dec 02nd 2024 ] - Brian Stokes

These RI Republicans are lining up for jobs in the Trump administration

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Joe Biden issues 'full and unconditional' pardon for son Hunter despite previous pledges not to

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Politics a 'sea of unsatisfied souls': Nitin Gadkari

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Military rule is on the rise in Africa - nothing good came from it in the past

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Places of Worship Act must be implemented in letter and spirit: Congress

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Trump Doubles Down on Defiance After the Collapse of the Matt Gaetz Selection

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Trump's promised tariffs sow uncertainty for Kansas farmers

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Laws on immigration, masking and more take effect Dec. 1 in NC. Here's what they do.

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Delhi assembly polls: AAP faces tough battle as BJP, Congress gear up for three-cornered fight

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Royal Navy told to 'patrol Channel, return migrants to France and destroy dinghies'

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Nirmala Sitharaman and Vijay Rupani are BJP's central observers for Maharashtra

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Eknath Shinde's power play and 'home' truths

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Minister does not rule out jail for landlords who miss cladding targets

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Democrats are turning to governors to block Trump and be the party's faces ahead of 2028

[ Mon, Dec 02nd 2024 ] - Brian Stokes

Euro drops vs strengthening dollar, French politics weigh

^{Published on 2024-12-02 04:30:41 - Brian Stokes, N@N}

The euro dropped on Monday versus a strengthening U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans to curb a burgeoning budget deficit.The risk p

The euro has weakened against a strengthening U.S. dollar due to political uncertainties in France, where President Emmanuel Macron called for a snap parliamentary election following a significant loss to the far-right National Rally in the European Parliament elections. This political instability has led investors to seek safer assets, bolstering the dollar. Additionally, the U.S. economy's robust performance, with a GDP growth of 1.4% in the first quarter, has further supported the dollar's rise. The euro fell to its lowest level since May 9, trading at $1.0722, while the dollar index, which measures the greenback against six major currencies, reached a near eight-week high.

Read the Full Channel NewsAsia Singapore Article at:
[ https://www.channelnewsasia.com/business/euro-drops-vs-strengthening-dollar-french-politics-weigh-4781096 ]

Contributing Sources

Brian Stokes

N@N