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Euro wobbles, South Korean won steady as political turmoil checks sentiment
The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region’s second-biggest economic power, while the South Korean won steadied in the aftermath of the martial law debacle. The single currency was fetching $1.0514, trading in tight ranges in early Asian hours but was close to the two-year low of $1.03315 it touched at the end of November as traders brace for a long-winded reckoning for France. French lawmakers passed a no-confidence vote against the government on Wednesday, as expected, throwing the country deeper into a crisis that threatens its ... (full story)
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- Posted: Dec 5, 2024 3:28am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,221
