Euro plummets against US dollar: has the next financial crisis begun?
AI Summary
The euro has fallen to a 17-month low against the U.S. dollar, raising concerns that imported inflation in the EU could worsen. The report links investor unease to political uncertainty and worries about French debt, and asks whether a wider fiscal crisis is developing.
The euro has fallen to a 17-month low against the dollar. That will make inflation worse in the EU, where political worries and concern over French debt are already troubling investors. Is a fiscal crisis at hand?