Euro dips further as French central bank chief warns the country risks being ‘strangled by interest rates’ – business live
The euro slipped again, extending a 1.2% loss recorded last week, after France’s central bank governor warned that the nation could be ‘strangled by interest rates.’ The comment heightened worries over France’s debt load and political uncertainty, prompting traders to sell the currency against the dollar and other major peers. Market sentiment remains cautious across Europe.