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2026-10-20T15:09:43.489Z

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Euro Gains as Dollar Falls Amid France Unrest

Euro Gains as Dollar Falls Amid France Unrest

The value of the euro rose by 0.2% to reach 1.1231 dollars as tensions in France eased, amid market anticipation of the Parliament's vote on part of the 2027 budget. The British pound also increased by 0.4% to 1.3350 dollars, supported by UK labor market data showing strong employment. At the same time, the Japanese yen gained due to record demand for 20-year bonds, which helped it recover from recent losses. The stable European currencies reflect a balanced state in the markets ahead of upcoming policy decisions.

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