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The French Debt Crisis Adds to Pressure on the Euro

Reported · Written up by our desk · Major Pairs

The yield on 10-year French government bonds has risen above 5%, its highest level since 2002. Political instability and difficulty reducing the budget deficit are increasing risks to the eurozone financial system and weighing on demand for the euro. The ECB faces a difficult choice. Eurozone inflation reached 3.8% in September, with energy risks persisting […] The post The French Debt Crisis Adds to Pressure on the Euro appeared first on ActionForex .

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