Euro at Risk of Renewed Falls on Energy Prices, U.S. Data, French-German Yield Spread -- Market Talk
Dow Jones2026/09/25 09:000900 GMT - The prospect of a renewed rise in energy prices, strong U.S. economic data and a further widening in yields between French and German government bonds have the potential to weaken the euro, ING's Francesco Pesole says in a note. The euro could reach support levels of $1.1320-$1.1330 quickly if oil prices take another sharp leg higher and/or upcoming U.S. data are better than expected, he says. The risk of a wider French-German yield spread due to a deterioration in France's fiscal outlook is also unlikely to help the euro, Pesole says. The euro rises 0.1% to 1.1388 after reaching an eight-week low of $1.1358 Thursday, according to LSEG. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
September 25, 2026 05:00 ET (09:00 GMT)
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