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Newsig · Gold & Metals

Euro hits 17-month low as political uncertainty in Spain and France rattles markets

Political and fiscal concerns are mounting in two of the euro area's biggest economies.

Why it matters

EUR/USD (Euro / US Dollar) · Why linked: The euro directly hit a 17-month low due to political uncertainty in Spain and France. Market context: Euro is likely to continue weakening against the US dollar amid mounting political and fiscal concerns in major eurozone economies.

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