Euro hits fresh yearly low against British Pound as French fiscal concerns weigh

Euro hits fresh yearly low against British Pound as French fiscal concerns weigh

Source: EODHD - https://www.fxstreet.com/news/euro-hits-fresh-yearly-low-against-british-pound-as-french-fiscal-concerns-weigh-202610121604
Published: Oct 12, 2026 12:04 PM

EUR/GBP remains on the defensive on Monday, sliding to a fresh year-to-date low of 0.8445 as French political and fiscal concerns keep the Euro (EUR) under sustained pressure. At the time of writing, the cross trades around 0.8450, down 0.17% on the day.

Market context: This update is relevant to EUR traders, with EURGBP as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.