Eurodrama in currency markets raises U.S. dollar's standing
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What happened
Data: FactSet; Chart: Courtenay Brown/Axios The euro fell to a 17-month low against the dollar on Monday as political and fiscal worries rattled European markets. Why it matters: Rising borrowing costs and political instability are reviving concerns about strains within the eurozone — and whether the European Central Bank may eventually have to step in. France is grappling with high deficits, rising long-term rates…
Summary assembled by rule from the sources below