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Riots in France put EUR back under pressure: protests, budget, and opposition converge
Today, the euro plunged at the
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Today, the euro plunged at the start of the week, and European equity indices fell with it. Futures on European stocks and on French 10-year bonds moved lower, the single currency weakened versus most G10 peers, and a flight to safety returned to US Treasuries. The trigger was unrest in France that over the weekend spread across the country. Protests against the rising cost of living drew more than half a million people and escalated into looting and arson. Public buildings,
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