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Euro slides, pressured by French political uncertainty

The euro fell on Monday as political uncertainty in France weighed on European markets, while tech stocks boosted global shares and the dollar strengthened ahead of a key week for U.S. interest rates. French stocks looked set to slide later due to the risk of an imminent collapse of the French government. The Federal Reserve is in focus, with Friday's monthly payrolls report set to inform policymakers' thinking about whether to cut rates again on Dec. 18. In Asia, Chinese shares got an additional boost from a robust reading in a private manufacturing survey on Monday.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14147731/Euro-slides-pressured-French-political-uncertainty.html
Source Id: 8438196641

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