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Euro Lags as French Bond Yields Near 5%, Sterling and CAD Gain on Hike Bets
French government bond yields are again approaching 5%, keeping Euro under pressure even as Dollar weakens broadly. EUR/CHF and EUR/GBP are falling, while Sterling and Canadian Dollar are among the strongest major currencies. The contrast reflects two competing forces: mounting concerns over France’s fiscal and political outlook, and expectations for further monetary tightening in Britain and Canada. The post Euro Lags as French Bond Yields Near 5%, Sterling and CAD Gain on Hike Bets appeared first on ActionForex .
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