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Daily forex market recaps: the dollar, the majors and the central banks behind every move.
- Markets ·
Euro slides to 17-month low as French fiscal fears lift the dollar
The EUR/USD fixing fell to 1.1204 as French debt worries pushed the dollar index to an 18-month high, while US services data came in mixed and yields stayed high.
- Markets ·
USD/JPY holds near 158 as Japan toughens its tone on the yen
The yen steadied near 158 per dollar on Monday as Japanese officials talked tough on the currency and on debt, while yen crosses kept sliding.
- Markets ·
Dollar's three-week run pushes the EUR/USD fixing down to 1.1225
The euro lost 1.56% against the dollar over five ECB fixings as French bond stress weighed, and a weak US jobs report did little to slow the dollar.