Euro softens below 1.1250 on France’s fiscal risk

Euro softens below 1.1250 on France’s fiscal risk

Source: EODHD - https://www.fxstreet.com/news/euro-softens-below-11250-on-frances-fiscal-risk-202610050043
Published: Oct 04, 2026 8:43 PM

The EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France's shaky fiscal trajectory. The US ISM Services Purchasing Managers Index (PMI) report is due later on Monday.

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