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Euro falls to 17-month low against dollar

Summarised from 2 outlets · Updated 5 Oct, 08:18 · Archive

The euro has fallen to a 17-month low against the dollar.

The euro has reached a 17-month low against the dollar as multiple economic and political concerns weigh on the currency. High energy prices and worries about French indebtedness are adding to the pressure, whilst political uncertainty in Spain and France is rattling markets.

The weakness reflects broader concerns about the fiscal and political situation in two of the euro area's biggest economies, according to the outlets.

Euro falls to 17-month low against dollar
Image: Financial Times

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In this story: Euro · France · Spain

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem