12 Hrs
Source:
اقتصاد سكاي نيوز عربية
Euro reaches 17-month low
The euro declined to its lowest level since May 2025, affected by political and financial concerns within the Eurozone. Pressures intensified following reports indicating the possibility of early elections in Spain and a deterioration in the French bond market, with the yield spread between French and German bonds reaching its highest level since 2011. Additionally, the strength of the US dollar, driven by expectations of the Federal Reserve raising interest rates, contributed to the continued decline of the euro, reflecting political instability and economic risks in the region.
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