Dollar holds firm as French fiscal woes keep euro on back foot

The dollar held firm as concerns over France’s fiscal position kept the euro under pressure.

Euro remains on the back foot

The market focus was on French fiscal woes, which weighed on the euro. Against that backdrop, the dollar maintained its strength.

Currency market focus

The contrasting performance left the euro on the back foot while the dollar remained steady. The available information does not indicate any further market developments.

For now, French fiscal concerns remain central to the euro’s weaker position, while the dollar continues to hold firm.