Euro drops 0.50% versus strengthening dollar, France in focus
Published by Global Banking & Finance Review®
Posted on December 2, 2024
1 min readLast updated: January 28, 2026

Published by Global Banking & Finance Review®
Posted on December 2, 2024
1 min readLast updated: January 28, 2026

The euro fell 0.50% against the dollar amid political uncertainty in France, with the National Rally party considering a no-confidence motion.
(Reuters) - The euro dropped versus a strengthening dollar on Monday, with investors concerned about political developments in France.
France's far-right National Rally (RN) party will likely back a no-confidence motion against the government in the coming days unless there is a "last minute miracle", RN president Jordan Bardella said on Monday.
The growing uncertainty over France's budget pushed the risk premium on the government's bonds to a more than 12-year high last week.
The euro fell 0.55% to $1.0515, while the U.S. dollar index rose 0.46% to 106.28.
(Reporting by Stefano Rebaudo, editing by Amanda Cooper)
The main topic is the decline of the euro against the dollar due to political uncertainty in France.
The euro is declining due to political uncertainty in France, with potential no-confidence motions affecting market confidence.
The uncertainty has pushed France's budget risk premium to a 12-year high, indicating increased financial risk.
Explore more articles in the Finance category


