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Euro falls to 17-month low against USD on French debt concerns

France 24 (EN) · 2026-10-05
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On October 5, 2026, the euro dropped to a 17-month low against the US dollar, falling nearly 7% from its late January peak due to concerns over French public finances. Concurrently, global oil prices declined despite Arabian Peninsula tensions following the G7's agreement to release up to 100 million barrels from strategic reserves and the normalization of Persian Gulf oil flows.

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Source: France 24 (EN) · via ahirlevel.hu

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